Do Real Estate on the Go!
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Do Real Estate on the Go!
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$2,250,000
-- Bed
- -- Bath
--sqft
32 Unit Mutlipl Multiple, Griffin, GA 30223
$2,250,000
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Duplex
Built in 1977
$-- HOA
1 acre lot
--/sqft
Description
***See Documents for Inventory List------- Offered as a single package, this 32-unit C-class portfolio in the Griffin submarket presents a ground-floor value-add opportunity. The portfolio is bank-owned and currently producing limited cash flow (11 occupied units). Twenty-one units are currently vacant and will require municipal re-inspection prior to utility restoration.-------- This opportunity delivers value add and immediate upside through a focused rehab and lease-up strategy: 11 units currently producing $7350 monthly income and the remainder positioned for efficient turnover and increased rents. The package's scale reduces per-door rehab and management cost v...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
- sqft
Lot Size
1 acre lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10606264
MLS Status
Active
Days on Market
80
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