Price Upon Req.180,080 SF
Auction.com and Just Multifamily LLC present the opportunity to acquire Sierra Ridge Apartments located at 3006, 3020, 3040, and 3060 Delmar Lane in Atlanta, Georgia. Sierra Ridge is a 238-unit apartment complex offering 1, 2, and 3 bedroom floor plans with central heat and air, new windows, and updated kitchens. The buildings are wood frame with brick veneer and pitched shingled roofs. There are 26 buildings constructed in 1965 and renovated in 2013. The units have individual water heaters as well as sub-meters which are currently not being utilized for water bill back. The property features attractive, durable brick veneer construction with recent paint, recent roofs, and new parking lot.Sierra Ridge offers new ownership a tremendous value-add opportunity at an attractive price per unit. The current occupancy rate is 40% compared to the South Fulton submarket which averages in the low to mid 90%. The current market is ripe for renovated units and Sierra Ridge boasts an 87% occupancy rate for refurbished apartments. Once stabilized, the cash on cash return for this asset will be substantial. Additional value-add though increasing current rent to market rates.
Price Upon Req.Size Upon Req.
REAL ESTATE AUCTION: 29 Unit Mobile Home Park in Athens, GA! Auction Schedule: December 1, 2015 at 11:00AM Location: 200 Cobb Parkway North, Suite 120, Marietta, GA, 30062. ONLINE SIMULCAST AVAILABLE via John Dixon's Website Property Details: 45050 Lexington Road, Athens, GA, 30605. 29- Unit Mobile Home Park 28 Pad Rentals, 1 Stick Built Rentals, and 22 Park Owned Mobile Homes! - 8.11+/- Acres - Paved Roads - Immediately adjacent to a Walmart - Currently zoned Multifamily; can be rezoned for commercial use - Great opportunity for mixed use: Commercial & Apartments - All Public Utilities Available Electricity: Individually metered and paid by tenants (Park pays street lights) Water: ½ City, ½ Well (Paid by park) Septic Tanks: Maintained on a strict pump schedule - New Owner can build 16 Bedrooms per acre! - Market Lot Rents: $300 - Actual Lot Rents: $230 - House Rent: $550 - SELLING WITH RESERVE! 10% Buyers Premium John Dixon & Associates GAL:2034
1,856 SF office building on the main level. Plus two apartments totaling 1,334 SF. Ample parking in rear plus street parking. ALSO FOR LEASE: $1,600/month
WONDERFUL INVESTMENT OPPORTUNITY FOR MULTI-FAMILY PROPERTY! APARTMENT BUILDING INCLUDES 32 UNITS, 2.0 ACRES WITH A POTENTIAL $20,800/MO. PROPERTY CLOSE TO FORT STEWART AND HINESVILLE SHOPPING PLAZAS, CHURCHES AND SCHOOLS. ALL UNITS ARE 2 BDRM, 1 BATH.
1,120 sq. ft. 2 bedroom/1.5 bathroom condominium built in 1969 more commonly known as 2501 Redwood Ct., Unit 2, Albany, GA 31707. Parcel No. 00550-00001-002.
Two 4-unit, Multi-family investment properties adjacent to Ardsley Park in Midtown Savannah. Mid-century modern design in good condition. All units 2 bed/ 1 bath with Living Room & Dining Room. Fully Leased. Gross rents $6,800 pm.
This properties have five structures with 19 units totaling 7,000 sq. ft on .45 acres. All units are 100% leased. 841 Heard Ave comprises of 4,500 sq.ft and has three units in the main house and each of the two rear cottages has four single rooms for rented. 843 Heard has two buildings with a total of 2,500 sq. ft. There are 5 rental units. The main house up front has 2 bedrooms and 2 bathrooms. The cottage in the rear has 4 efficiency units.
Well-maintained 6 unit residence located off North Henry Blvd in the City of Stockbridge. Over $36k in annual gross rents w/ 5 units leased. 5 units have recently been completely renovated with new ceramic in baths, new fixtures and appliances. New roof on all structures. 6th unit is gutted to the studs & needs about $7k to make liveable. AS IS. Cash offers. Motivated seller. Currently mostly vacant due to expiration of leases. Owner can deliver property fully leased or vacant. All electric except house. Double-sided barn on site w/ storage. Make an offer !!!
Great multi-unit investment property with INSTANT CASHFLOW and instant equity. This fully occupied, duplex is an investor's dream bringing a total $1300 per month!! This building is nestled in a quiet community in Conyers one exit away from the Stonecrest Mall in Lithonia and 20 minutes away from downtown Atlanta. These units are in excellent condition. Both units have two bedrooms, new flooring, resurfaced countertops, double paned windows, fresh paint, and washer/dryer connections. No rehab required. These many amenities make this property easy to keep occupied with good tenants. *DO NOT Disturb Tenants. Inspection will be scheduled during due diligence period. *No financing. No owner financing *Seller is a licensed real estate agent
Sperry Van Ness/KD Lanclos & Associates is pleased to exclusively present Owens Landing, a brand new high quality Multifamily development located near the heart of Columbia County consisting of 10 single story units of approximately 1000 square feet. Owens Landing's Units are completely occupied with a majority of its tenants renewing with rent escalations. The layout of Owens Landing's floor plans, its well designed, higher end kitchens and bathrooms along with cathedral ceilings are a large part of why its tenant retention remains high. Private fenced patios add a nice touch to this property and tenants appreciate this added amenity.