*** ********* ***, ********, GA
16.79% return
SP:
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Property Description

INSANE CASH FLOW!! 

67 units in total, consisting of 43 different parcels! Portfolio has 99%+ occupancy and is completely turnkey! Low expenses. Properties have the potential to generate $36,275/month in income and a 16.79% return on investment. Units are located within minutes of eachother. This is an opportunity to build a huge rental portfolio without putting in the work! Do not miss out, as package will get smaller. 

Property management and financing available!

Property Information

  • Listing statusActive
  • Property typeMulti Family (43 properties)
  • Total units67
  • Total bedrooms149
  • Total bathrooms71.5
  • Building size89791 sq. ft.
  • Lot size11.6 acres
  • Year built1945 - 1992
  • County******** County
  • Subdivision********** *********
  • ConstructionBrick, Brick/Frame, Frame
  • RoofAsphalt Shingle
  • Water sourceCity water
  • Water disposalSewer
  • HeatingWindow Unit, Central, Central Heat, Wall unit
  • CoolingWindow A/C, Central air

Property Financial Summary

  • Sale price $2,100,000
  • Estimated rehab 1 $0
  • Total investment $2,100,000
  • Type Proforma
  • Gross income (annually) $435,300
  • Operating expenses (annually) $82,735
  • Net income (annually) $352,565
  • Gross return 20.73%
  • Gross income (monthly) $36,275
  • Operating expenses (monthly) $6,895
  • Net income (monthly) $29,380
  • Net return 16.79%

Property Income & Expenses

  • Income
  • *** ********* ***
  • 3 bed / 1 bath $600/month $7,200/year
  • 3 bed / 1 bath $600/month $7,200/year
  • 3 bed / 1 bath $600/month $7,200/year
  • 2 bed / 1 bath $575/month $6,900/year
  • 2 bed / 1 bath $600/month $7,200/year
  • 3 bed / 1 bath $600/month $7,200/year
  • 3 bed / 1 bath $600/month $7,200/year
  • 2 bed / 1 bath $625/month $7,500/year
  • 3 bed / 1 bath $650/month $7,800/year
  • 3 bed / 2 bath $650/month $7,800/year
  • 1 bed / 1 bath $425/month $5,100/year
  • 3 bed / 1 bath $750/month $9,000/year
  • 3 bed / 1.5 bath $650/month $7,800/year
  • 2 bed / 1 bath $625/month $7,500/year
  • 3 bed / 1 bath $700/month $8,400/year
  • 3 bed / 1 bath $600/month $7,200/year
  • 3 bed / 2 bath $750/month $9,000/year
  • 3 bed / 1 bath $600/month $7,200/year
  • 3 bed / 1 bath $550/month $6,600/year
  • 2 bed / 1 bath $600/month $7,200/year
  • 3 bed / 1 bath $700/month $8,400/year
  • 3 bed / 1 bath $700/month $8,400/year
  • 2 bed / 1 bath $675/month $8,100/year
  • 3 bed / 1 bath $700/month $8,400/year
  • 3 bed / 2 bath $775/month $9,300/year
  • 3 bed / 2 bath $700/month $8,400/year
  • 3 bed / 1 bath $600/month $7,200/year
  • *** ********* ***, Duplex
  • Unit A: 2 bed / 1 bath $450/month $5,400/year
  • Unit A: 2 bed / 1 bath $375/month $4,500/year
  • Unit A: 2 bed / 1 bath $450/month $5,400/year
  • Unit A: 2 bed / 1 bath $450/month $5,400/year
  • Unit A: 2 bed / 1 bath $375/month $4,500/year
  • Unit A: 1 bed / 1 bath $450/month $5,400/year
  • Unit A: 3 bed / 1 bath $550/month $6,600/year
  • Unit A: 2 bed / 1 bath $475/month $5,700/year
  • Unit A: 2 bed / 1 bath $450/month $5,400/year
  • Unit A: 2 bed / 1 bath $450/month $5,400/year
  • Unit A: 2 bed / 1 bath $450/month $5,400/year
  • Unit A: 2 bed / 1 bath $550/month $6,600/year
  • Unit B: 2 bed / 1 bath $450/month $5,400/year
  • Unit B: 2 bed / 1 bath $375/month $4,500/year
  • Unit B: 2 bed / 1 bath $450/month $5,400/year
  • Unit B: 2 bed / 1 bath $450/month $5,400/year
  • Unit B: 2 bed / 1 bath $400/month $4,800/year
  • Unit B: 1 bed / 1 bath $450/month $5,400/year
  • Unit B: 3 bed / 1 bath $550/month $6,600/year
  • Unit B: 2 bed / 1 bath $475/month $5,700/year
  • Unit B: 2 bed / 1 bath $450/month $5,400/year
  • Unit B: 2 bed / 1 bath $450/month $5,400/year
  • Unit B: 2 bed / 1 bath $450/month $5,400/year
  • Unit B: 2 bed / 1 bath $550/month $6,600/year
  • *** ********* ***, Quadplex
  • Unit 1: 2 bed / 1 bath $475/month $5,700/year
  • Unit 2: 2 bed / 1 bath $475/month $5,700/year
  • Unit 3: 2 bed / 1 bath $475/month $5,700/year
  • Unit 4: 2 bed / 1 bath $475/month $5,700/year
  • Unit 14: 1 bed / 1 bath $450/month $5,400/year
  • Unit 15: 1 bed / 1 bath $450/month $5,400/year
  • Unit 16: 1 bed / 1 bath $450/month $5,400/year
  • Unit 17: 1 bed / 1 bath $450/month $5,400/year
  • *** ********* ***, Quadplex #1
  • Unit 1: 2 bed / 1 bath $550/month $6,600/year
  • Unit 2: 2 bed / 1 bath $550/month $6,600/year
  • Unit 3: 2 bed / 1 bath $550/month $6,600/year
  • Unit 4: 2 bed / 1 bath $550/month $6,600/year
  • *** ********* ***, Quadplex #2
  • Unit 5: 2 bed / 1 bath $550/month $6,600/year
  • Unit 6: 2 bed / 1 bath $550/month $6,600/year
  • Unit 7: 2 bed / 1 bath $550/month $6,600/year
  • Unit 8: 2 bed / 1 bath $550/month $6,600/year
  • Total $36,275/month $435,300/year
  • Expenses
  • Property Taxes $1,931/month $23,172/year
  • Insurance $2,549/month $30,591/year
  • Maintenance reserve $2,183/month $26,200/year
  • Water and Sewer $80/month $960/year
  • Insurance (estimated) $101/month $1,212/year
  • Light poll $50/month $600/year
  • Total $6,895/month $82,735/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Q: Why is the property address and location information hidden?
A: This property is a premium property and is completely off-market. Full access is available to premium clients only. If you are not a premium client, we require to have an executed non-disclosure agreement on file in order to share the property details with you.

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