2253 Bellew Drive
Bowman,
GA
30624
Property Details
List Price: |
$259,900 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
-- |
Agency: |
Lake Homes Realty |
Description/Comments
Lot Size: |
5 acre(s) |
Property Type: |
MultiFamily |
Year Built: |
2001 |
Notes: |
TURN KEY INVESTMENT with Great returns (CAP Rate 10%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $3,100; Gross Annual Rental Income $35,100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Single wide Manufactured homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell. |
MlsNumber: |
20173045 |
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Listing Provided By: |
Lake Homes Realty, original listing |
Name: |
Lake Homes Realty |
Phone: |
(205) 985-2991 |
Office Name: |
Lake Homes Realty LLC |
Office Phone: |
(205) 985-2991 |
Agent Name: |
Connie Nealy |
Disclaimer: |
Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |