120 2nd St - Apartments FOR SALE


Winder, GA 30680
$3,000,000 USD
706-355-3178
120 2nd St, Winder, GA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/37
null | 7.2% Cap Rate

120 2nd St
Winder, GA 30680


HIGHLIGHTS

  • Summary: 4 total buildings, 3 building each with 8 units that are 1bd x 1 bath and 1 duplex with 2 units that are each 2bd x 1 bath.
  • Market rents on the 1 bedroom units are $1000 each, owner has no units currently rented under $850.
  • Market rents on the 2 bedroom units are $1300 each, with none rented under $1050. Some updates have been completed.

OVERVIEW

Calling All Investors!!! 26 Unit Rental complex! This quiet apartment community promotes a simple and snug lifestyle. Tenants can walk to parks and local restaurants and shops. The apartments have large living rooms with lots of natural light, buildings also feature metal staircases for easy maintenance. Summary: 4 total buildings, 3 building each with 8 units that are 1bd x 1 bath and 1 duplex with 2 units that are each 2bd x 1 bath. Market rents on the 1 bedroom units are $1000 each, owner has no units currently rented under $850. Market rents on the 2 bedroom units are $1300 each, with none rented under $1050. Some updates have been completed, including 3 complex buildings have updated roofs and new asphalt in parking area.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$833 USD /SF

# OF UNITS

8

PRICE/UNIT

$375,000

CAP RATE

7.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

002

APN/PARCEL ID

WN21E-039

ASK ABOUT THIS PROPERTY

Rob ScottRac Properties Of Athens IncMore Info
706-355-3178

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Rob ScottRac Properties Of Athens IncMore Info
706-355-3178

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