2682 Willis Foreman Road

    Hephzibah, GA 30815
    • $175,000
    • STATUS: Active
    • ON SITE: 66 days
    • MLS #: 445314
    UPDATED: 25 min ago
    $175,000
    • 0
      BEDS
    • 13.86
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,098
      SQFT
    • $34
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    See attached marketing brochure for income and expense and rent roll. 3 rental units all below market rents. Bring units up to market rent and this is over a 10% cap rate deal. Units are in good shape. Some of the 13 acres is in the flood zone and not usable. Great opportunity to own good rental units in one location. Close to the back gate to Fort Gordon. Several new subdivisions in direct vicinity of property. High traffic area in a high growth area. Potential to redevelop or add more units.

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    IDX information © 2019 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Melton Realty Partners at Keller Williams Realty Augusta Partners. Data last updated 2019-10-18T22:55:39.477.
    www.meltonrealtypartners.com/homes/97874837

    2682 Willis Foreman Road Hephzibah, GA 30815

    • Price: $175,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 445314
    0
    Beds
    0
    Baths
    0
    ½ Baths
    13.86
    Acres
    5,098
    SQFT
    $34
    $/SQFT
    1980
    Built
    Neighborhood:
    None-1Ri
    County:
    Richmond
    Area:
    Hephzibah
    Elementary School:
    Willis Foreman
    Middle School:
    Spirit Creek
    High School:
    Hephzibah Comp.
    Property Description
    See attached marketing brochure for income and expense and rent roll. 3 rental units all below market rents. Bring units up to market rent and this is over a 10% cap rate deal. Units are in good shape. Some of the 13 acres is in the flood zone and not usable. Great opportunity to own good rental units in one location. Close to the back gate to Fort Gordon. Several new subdivisions in direct vicinity of property. High traffic area in a high growth area. Potential to redevelop or add more units.
    Exterior Features

    Exterior Finish Other Lot Size 13.86

    Interior Features

    Cooling Central Heat Delivery Other-See Remarks Unit Four Inclusions Other-See Remarks Unit One Baths 2 Unit One Bedrooms 3 Unit One Inclusions Other-See Remarks Unit One Sq Ft 1749 Unit Three Inclusions Other-See Remarks Unit Two Baths 1 Unit Two Bedrooms 3 Unit Two Half Baths 1 Unit Two Inclusions Other-See Remarks Unit Two Sq Ft 1600

    Property Features

    Amenities Other-See Remarks Cash Flow 14565 Financing Other-See Remarks Gross Operating Income 25662.00 Listing Conditions Not Applicable Net Income 14565.00 New Construction No Owner Financing No Property Type Triplex Sewer Public Sewer Taxes 4097.00 Total Expenses 11097.00 Unit One Rent 800 Unit One Unit Number 2 Unit Two Rent 750 Unit Two Unit Number 1

    Listing courtesy of Sherman & Hemstreet Real Estate.


    IDX information © 2019 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Melton Realty Partners at Keller Williams Realty Augusta Partners. Data last updated 2019-10-18T22:55:39.477.
     
    Melton Realty Partners at Keller Williams Realty Augusta Partners
    3633 Wheeler Road, Suite 125
    Augusta GA, 30907