240-0 Varnes Ln LnLakemont, GA 30552

Property Details for 240-0 Varnes Ln Ln

Year built

1986

Lot size

10.00 AC

Property type

Commercial real estate

Description

This exceptional investment opportunity encompasses a ten-acre parcel in Lakemont, Georgia, featuring a combined 21-unit multifamily complex. Currently zoned multifamily, this property presents a compelling return on investment. The portfolio consists of three separate properties, offering a diverse range of unit types and layouts. All units are currently occupied by tenants, generating immediate cash flow. The properties are strategically located across multiple addresses, providing a diversified investment strategy. The combined properties offer a significant opportunity for an investor seeking a substantial portfolio with immediate income generation. The seller prefers showings to be scheduled only after a suitable offer has been submitted. This is a rare chance to acquire a substantial multifamily holding in a desirable location with proven rental income. The property's ten-acre footprint offers potential for future expansion or development, further enhancing its long-term value. Given the current occupancy and zoning, this property is poised for continued success and strong financial performance. Serious inquiries only.

Location Insight

City

Lakemont

County

Rabun - GA

State

Georgia

Latitude

34.7883

Longitude

-83.4096

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