Listing Courtesy of: Danielle Meikrantz - Meybohm Commercial Properties
706-736-0700
$620,000
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121 W Gibson Street Warrenton, GA 30828
Other
Residence
16
Beds
10
Baths
7,035
Sq. Ft.
2.2
Acre
Lot
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FULLY LEASED - 100% occupied - Value-add investment opportunity spanning two counties in McDuffie and Warren County, just outside of Augusta, Georgia is now available. This 6 unit single-family rental portfolio is 100% tenant occupied and comprises 6 different parcels across multiple locations. Span...ning over 2.2 acres of combined land, these properties offer a diverse mix of housing options, including three single-family homes and five modular homes, providing investors with versatility and potential for increased rental income. The combined square footage of these units is around 7,035 SF, ensuring ample space for tenants to enjoy comfortable living arrangements. Currently, all units are fully leased, generating a steady monthly rent. Notably, the low controllable expenses associated with these properties enhance their attractiveness to potential investors. Tenants assume responsibility for utilities and landscaping maintenance, resulting in a favorable investment environment with minimized overhead costs. With tenants on month-to-month leases and self-management by the sellers, there exists significant potential to optimize returns through strategic rent adjustments upon turnover or the initiation of new leases. This presents an opportunity for investors seeking stable rental income and long-term growth potential in the thriving rental markets of Warrenton and Thomson. McDuffie County Properties: 5609 Murray Avenue, Thomson, GA, 30824 1884 Ridgeview Drive, Thomson, GA 30824 Warren County Properties: 266 Mayfield Road, Warrenton, GA 30828 178 Academy Road, Warrenton, GA 30828 49 Memorial Drive, Warrenton, GA 30828 121 W Gibson Street, Warrenton, GA 30828 Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today to seize this investment opportunity.
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MLS#
533381
Property Type
Other
Bedrooms
16
Bathrooms
Year Built
1925
Square Feet
7,035
sq. ft
Lot Size
2.2
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