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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29790422
29790441

5202 Old Mike Padgett Hwy, Augusta, GA 30906

ZH
GA 380862, SC 3505749
Sherman & Hemstreet Real Estate Company
Listed by Sherman & Hemstreet Real Estate Company
$1,330,000
116 days on market
Updated 8 days ago

7-Unit Single Family Rental Package

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 7
Cap Rate 7.5%
NOI $99,736
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 7
Stories 1
Acreage 8.750

Multifamily | 7 Units | $190,000/unit

Marketing description

Multiple adjacent homes situated just off Mike Padgett Highway (GA-56), allowing for centralized management and ease of maintenance. Conveniently located approximately 25 minutes from the Augusta, GA market.

7-unit residential portfolio offering diversified income streams and strong operational flexibility. The package includes five Section 8–occupied units, each generating $1,400 per month, two actively operated short-term rental units producing $2,000 per month each. All homes are on permanent foundations situated on individually parceled lots, allowing for future individual home sales or portfolio repositioning. The portfolio may be acquired as a package or split into smaller groupings. Email for pricing guidance on individual assets or partial portfolio acquisitions.

Investment highlights

City water & Septic

Individually parceled lots

Homes are 2024 models on Permanent Foundations

Listing Contacts

ZH
GA 380862, SC 3505749
Sherman & Hemstreet Real Estate Company
Listed by Sherman & Hemstreet Real Estate Company

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$99,736.00
$8,311.33/mo

Valuation Metrics

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DSCR
7.5%
Cap Rate
7.5%
ROI

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