- 2 4 0 sqft
- Athens, GA
- 4 months
Multi Family Home✔ 2 Bedroom✔ 4 Bathroom✔ 0 Square Footage
Six cash-flowing condominium units, side-by-side for easy management in building 1 of one of athens best rental communities. This package includes units 1b, 1c, 1d, 1e, 1f, 1g, 8b, 8c, 8d, 8e, 8f, 8g, 8h, 8i. All are leased and have excellent rental history. This is the perfect 1031 exchange package for someone looking for an easy-to-lease and easy-to-manage athens property with upside and built in equity. Individual units have sold in these same buildings for $165-167k, so this $150/unit price gives the new owner instant equity. Two notes: rent rates are going up in 2018, and hoa dues should be going down as phase ii is built out, creating more bottom line income for new owner. Call or email for details.
US, Georgia, AthensAthens, GA 4 months at remax.com 2,000,000