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20877352
20877353

3 Locations

CM
GA/SC
Meybohm Commercial
DM
GA 401159
Meybohm Commercial
Listed by Meybohm Commercial
$289,000
569 days on market
Updated 36 days ago
Opportunity zone

Fully Leased Investment Portfolio

Details
APN W05001, W13067, W13103
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,743
Units 3
NOI $25,044
Occupancy 100%
Buildings 3
Stories 1
Acreage 1.000
Zoning Residential
Investment Type Value Add

Value Add Investment Opportunity

Marketing description

Meybohm Commercial is pleased to present a stable investment opportunity featuring three single-family homes located just outside Augusta, Georgia, in Warrenton. Each home ranges from 864 to 1,595 square feet and is situated on approximately 1 acre of land. This portfolio currently generates $2,700 in steady monthly rental income, with each property leased at $900 on a month-to-month basis. With tenants responsible for all utilities and landscaping, the properties maintain low controllable expenses, providing investors with minimized overhead and a favorable return environment. The month-to-month lease structure and current self-management by the sellers offer significant value-add potential. Investors can explore rent increases, lease stabilization, or strategic upgrades to enhance returns over time. This portfolio is ideal for investors seeking both immediate cash flow and long-term growth in a burgeoning rental market. Don’t miss this opportunity to acquire a well-located, income generating asset with room for strategic optimization.

UPDATES TO NOTE:

178 Academy Street - New roof less than 3 years old
266 Mayfield Road - Roof installed in 2016. Property was recently updated.

Warren County Properties:

266 Mayfield Road, Warrenton, GA 30828
178 Academy Road, Warrenton, GA 30828
121 W Gibson Street, Warrenton, GA 30828

Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today!

Location Description

Nestled in the serene landscapes of Warrenton, GA are 3 single family investment homes. This portfolio features four properties in the Warren County, GA area, strategically located just minutes away from I-20, offering unparalleled convenience. These prime properties are well positioned in the heart of Warrenton, providing a tranquil retreat while ensuring easy access to nearby town conveniences.

Investors will be drawn to the promising growth potential of these communities, coupled with their proximity to essential amenities. Situated a mere 40 miles from Augusta, Georgia, residents can effortlessly access the city's offerings while relishing the peaceful ambiance of their home surroundings.

These locations epitomize the blend of tranquility and accessibility, allowing residents to leisurely explore historic downtown districts or revel in expansive outdoor spaces. With an array of local shops, restaurants, and entertainment options within arm's reach, this area presents a compelling opportunity for both multifamily and single-family rental living, making it an ideal destination for portfolio expansion.

Experience the charm of the Warren County area and uncover this hidden gem within Georgia's real estate landscape.

Investment highlights

  • - 3,743 SF with 3 units in multiple locations

  • - Over 1.0 acres of land combined

  • - Fully leased with monthly rent of $2,700

  • - Tenants on month-to-month leases

  • - Self-managed by sellers

  • - Potential to increase rent with turnover or new leases

Listing Contacts

CM
GA/SC
Meybohm Commercial
DM
GA 401159
Meybohm Commercial
Listed by Meybohm Commercial

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,044.00
$2,087.00/mo

Valuation Metrics

0
DSCR
8.67%
Cap Rate
8.67%
ROI

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