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36 UNIT Residential Package

Griffin, GA 30223
  • $3,180,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 10316166
New On Site 5 Days Ago
$3,180,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Large residential investment property package being offered to the discerning investor. Achieve significant scale in one transaction, all in Griffin/Spalding County, GA. This well performing 36 door residential package has growth potential with current rents at $26,085 per month and room to raise to over $30,000 + per month quickly. All Properties have been maintained and professionally managed. Many have upgrades. Full rent rolls, leases, and ledgers available for review during due diligence. Professional management is available to transfer with this package. Griffin, GA is poised right between Atlanta, GA and Macon Ga only 40 miles from each right along the I-75 Corridor. Griffin has been experiencing exciting growth as the last available area relatively undeveloped in the larger metro Atlanta area. There is a newly constructed industrial park fully occupied, Large developments are ongoing on the interstate right outside of town, a new airport is in the final stages before starting construction, and our residential market is seeing an aggressive appreciation and expansion. Economically, we are seeing growth in all segments of the local economy. Griffin maintains the small town feel attracting a variety of people and business while providing the location and infrastructure to become a true metro Atlanta market.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jarrett Martin Group | Corcoran Classic Living are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jarrett Martin Group | Corcoran Classic Living. Data last updated: 2024-06-16T00:10:10.147.
www.jarrettmartingroup.com/homes/151525676
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36 UNIT Residential Package Griffin, GA 30223

  • Price: $3,180,000
  • Status: Active
  • On Site: 5 Days
  • MLS #: 10316166
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1977
Built
Neighborhood:
Other
County:
Spalding
Area:
Griffin
Elementary School:
Other
Middle School:
Other
High School:
Other
Property Description
Large residential investment property package being offered to the discerning investor. Achieve significant scale in one transaction, all in Griffin/Spalding County, GA. This well performing 36 door residential package has growth potential with current rents at $26,085 per month and room to raise to over $30,000 + per month quickly. All Properties have been maintained and professionally managed. Many have upgrades. Full rent rolls, leases, and ledgers available for review during due diligence. Professional management is available to transfer with this package. Griffin, GA is poised right between Atlanta, GA and Macon Ga only 40 miles from each right along the I-75 Corridor. Griffin has been experiencing exciting growth as the last available area relatively undeveloped in the larger metro Atlanta area. There is a newly constructed industrial park fully occupied, Large developments are ongoing on the interstate right outside of town, a new airport is in the final stages before starting construction, and our residential market is seeing an aggressive appreciation and expansion. Economically, we are seeing growth in all segments of the local economy. Griffin maintains the small town feel attracting a variety of people and business while providing the location and infrastructure to become a true metro Atlanta market.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Other Garage YN No Levels One Lot Size Area 10890 Lot Size Source Public Records Lot Size Units Square Feet Parking Features None

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Other Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Other Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee Includes Other Association YN Yes Community Features None Gross Income 331020 New Construction YN No Property Condition Resale Property Sub Type Multi FamilyDuplex Sewer Public Sewer Structure Type DuplexHouse Tax Annual Amount 21772 Tax Year 2023 Utilities Other Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams GA Communities: 833-833-1145. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jarrett Martin Group | Corcoran Classic Living are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jarrett Martin Group | Corcoran Classic Living. Data last updated: 2024-06-16T00:10:10.147.
 
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The Jarrett Martin Group | Corcoran Classic Living
940 Prince Ave STE C
Athens GA, 30606