For Sale
$2,100,000

201 Dogwood RdEllijay, GA 30536

12-Unit Duplex Portfolio, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a portfolio of six duplexes totaling twelve rental units, situated on a 6.6-acre lot in Ellijay, Georgia. Built in 1995 and renovated within the last 10 years, these ranch-style homes offer a combined 1,820 square feet of living space. Each unit features two bedrooms and one bathroom, providing comfortable and functional living spaces for tenants. The property boasts a desirable location in a well-regarded neighborhood with excellent schools, contributing to strong tenant demand and occupancy rates. Currently, all twelve units are leased, with a significant portion of tenants having occupied their units for over a year, indicating high tenant retention. The seller is providing comprehensive maintenance records and contact information for reliable maintenance contractors, ensuring a smooth transition for the new owner. The property is zoned R3, offering flexibility for future development or expansion. This turnkey investment is an ideal opportunity for a seasoned investor seeking a stable, high-performing rental portfolio in a thriving Georgia community. The property is offered at $2,100,000.

Highlights

  • $2,100,000 asking price for a 12-unit multifamily portfolio.
  • Six duplexes totaling 12 units, each with 2 bedrooms and 1 bathroom.
  • Located on a 6.6-acre lot in Ellijay, GA, at 201 Dogwood Rd, 30536.
  • Built in 1995, renovated 10 years ago.
  • R3 zoning.
  • All units currently leased with long-term tenants.

Property Details for 201 Dogwood Rd

Property type
Residential income homes, Small apartment buildings
Square Feet
1,820 SF
Year Built/Renovated
1995/10
Buildings
6
Stories
1
Lot Size (sq. ft)
287,496 SF
Units
12

Location Insight

City
Ellijay
County
Gilmer
State
Georgia
Latitude
34.619639
Longitude
-84.4684614
201 Dogwood Rd, Ellijay, Georgia

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201 Dogwood Rd
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