Bought with Non-Mls Salesperson • Non-Mls Company
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Key Details
Sold Price $3,000,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Caribe
MLS Listing ID 20014456
Sold Date 07/01/22
Construction Status Resale
HOA Y/N No
Year Built 2006
Annual Tax Amount $14,500
Lot Size 2.690 Acres
Property Description
This is a 34 unit complex in the heart of all the new construction off Hwy 301 and Rucker Rd. They are well managed units it excellent condition. During the current owner's ownership they have made many upgrades inside and out and raised income almost 40% by raising rates and occupancy. The management in place has been solidified during the ownership and is a key part of the success. Each year has been better than the last. The property consists of 12 buildings, containing (21) 1bed studios, (3) 2bed 2bath units and (10) 3bed 3bath units (plus a leasing office). There is plenty of parking and no deferred maintenance to deal with. Great investment or 1031 exchange
Location
State GA
County Bulloch
Rooms
Basement None
Interior
Heating Electric, Heat Pump
Cooling Electric, Heat Pump
Exterior
Parking Features Assigned
Community Features None
Utilities Available Sewer Connected
Building
Story One
Sewer Public Sewer
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
Others
Financing Conventional
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