For Sale
$699,900

0 George StGrovetown, GA 30813

Four-unit, stabilized investment. High occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a portfolio of four single-family homes totaling 5,973 square feet, situated on a 0.74-acre lot in Grovetown, Georgia. The property, located on George Street, zip code 30813, boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $45,000 annually, representing a 6.43% cap rate. Each unit offers approximately 1,493 square feet and is priced at $174,975. Built in 2002 and renovated in 2017, the property features significant recent updates, including three new HVAC systems, new flooring, fresh paint, and tiled showers. The complex is enhanced by a security access gate and common area lighting, providing tenants with peace of mind. Its convenient location within the city limits of Grovetown places it minutes away from Fort Gordon, shopping centers, dining establishments, and other amenities. This stabilized investment portfolio presents a compelling opportunity for discerning investors seeking a strong return on investment in a desirable location. The property's four buildings are all single-story structures. The asking price for this turnkey investment is $699,900, translating to a price per square foot of $117.18. The property includes one additional pad, offering potential for future expansion. The Columbia County location and strong rental market make this a highly attractive proposition.

Highlights

  • Four-unit, single-family home portfolio totaling 5,973 square feet on a 0.74-acre lot in Grovetown, GA (30813).
  • Excellent location minutes from Fort Gordon, shopping, and dining.
  • 100% occupancy with a $45,000 annual NOI and a 6.43% cap rate.

Property Details for 0 George St

Property type
Residential income homes
Square Feet
5,973 SF
Year Built/Renovated
2002/2017
Buildings
4
Stories
1
Lot Size (sq. ft)
32,234 SF
Units
4

Location Insight

City
Grovetown
County
Columbia
State
Georgia
Latitude
33.455173773244
Longitude
-82.187980145928
George St, Grovetown, Georgia

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0 George St
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