101 viewpoint driveJackson, GA 30233

Description

Unique Investment and Development Opportunity! For Rent Townhomes on 4.72 +/- acres consists of: 12 Existing Townhome Units built in 2007, 100% occupied and cash flowing. 32 +/- lots with utilities, street and curbs, and appropriate zoning (RM- Residential Multifamily) in place. Located 45 Miles from Hartsfield-Jackson International Airport. Well maintained. Net Profit for 2021 was over $80,000. Once 32 additional units are built, rental income potential is over $700k/year. Gross Monthly Cashflow and additional due diligence items available upon request. List price has been based on a per door analysis, valuing the existing 12 units at $100,000 each, and the additional 32 to be built units at $35,000 each. Please do not disturb tenants. Disclaimer: The information contained herein is as obtained by this broker from sellers, owners or other sources. This information is considered reliable, neither this broker nor owners make any guarantee, warranty or representation as to correctness of any data or descriptions and the accuracy of such statements. This correctness and/or accuracy of any and all statements should be determined through independent investigations made by the prospective purchaser. Any offer for sale is subject to prior sale, errors and omissions, change of price, terms or other conditions or withdrawal from sale in whole or in part, by seller without notice and at the sole discretion of seller. Readers are urged to form their own independent conclusions and evaluations in consultation with legal counsel, accountants, and/or investment advisors concerning all material contained herein.