John Courson
This listing was posted on John Courson (via ListedBuy).
$1,999,000
Adel, Cook County, GA House for sale Property ID: 416497369
Price:
$1,999,000
BR/BA:
8 BR, 1 BA
Location:
1014 Gordon Ave, Adel, GA
Description:
Solid investment for 32 doors with larger units and proven saleal history in Adel, GA. 8 brick buildings containing Four 2BR/1BA units each. 960 sf consists of big bedrooms and bathroom, separate LR, dining and kitchen spaces. Walk-in closets, W/D hookups, individually metered for power / water, totally electric. Units separated by common breeze way for entry to limit neighbor noise. Seller has been updating units with new tops, fixtures, paint, flooring, etc. Market sales trending to $750/month with units leasing up as soon as they turn. 5.24 acre site allows for plenty of greenspace and potential additional development with shared parking already in place. Adel is small-town market but has pro-growth vision and leadership. Turnkey income in place, $750/month sale with 35% operating expense factor is with 9.36% proforma cap rate. Copyright © 2023 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Single-Family Houses
For sale by:
Agent/Broker
Agent Name:
John Courson
Posted:
December 25 2023 on ListedBuy
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More About this Listing: Adel, Cook County, GA House for sale Property ID: 416497369
Adel, Cook County, GA House for sale Property ID: 416497369 is a Eight Bedroom One Bath Single-Family Homes for Sale at 1014 Gordon Ave in Adel GA. Find other listings like Adel, Cook County, GA House for sale Property ID: 416497369 and listings near 1014 Gordon Ave by searching Oodle Classifieds for Eight Bedroom One Bath Single-Family Homes for Sale in Adel GA.
Adel, Cook County, GA House for sale Property ID: 416497369 is a Eight Bedroom One Bath Single-Family Homes for Sale at 1014 Gordon Ave in Adel GA. Find other listings like Adel, Cook County, GA House for sale Property ID: 416497369 and listings near 1014 Gordon Ave by searching Oodle Classifieds for Eight Bedroom One Bath Single-Family Homes for Sale in Adel GA.