Newnan MF Portfolio Multi-Family FOR SALE


Newnan, GA
$1,650,000 USD
404-442-2810
, Newnan, GA for Sale
$1,650,000 USD
Multi-Family - FOR SALE
1/8
null | 6.5% Cap Rate

Newnan MF Portfolio
Newnan, GA


HIGHLIGHTS

  • 0% Vacant
  • 1.65M Sale Price
  • $165,000 Price/Unit
  • 10 Units
  • 6.5% Cap Rate
  • 8,749 Square Feet

OVERVIEW

Lee & Associates Atlanta is thrilled to present this two property fully leased ten unit value add opportunity within walking distance to the Historic Downtown Newnan. The properties each consist of five units, ranging from three bedrooms to one bedroom. All units are spacious with modern finishes. Both properties have access to off street parking and are 100% occupied, ready for turn-key ownership. Several of the tenants are currently at below market rents allowing for significant upside as leases renew. Current ownership has invested a healthy amount of capital improvements into both properties including new roofs and HVAC, along with paint and landscaping cosmetic upgrades.

ASK ABOUT THIS PROPERTY

Lee SteedLee & AssociatesMore Info
404-442-2810

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Lee SteedLee & AssociatesMore Info
404-442-2810

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.