Overview
- 2 Bedrooms
- 1 Bathrooms
- 1,060 ft
- Year Built: 1920
Description
🔹 **152 Single Family Homes** 🔹
🟢 **90% Occupied**
💰 **NOI: $742,560**
📊 **Cap Rate: 7.6%**
💵 Asking Price: $9,760,000
Value Add:
🔸 Rents are below HUD affordable housing schedule by 15% (on average)
🔸 Long term existing tenants
🔸 Month-Month conversion to full-term leases
🔸 Current Management remains in place at 8% management Fee
📈 **Offer Details:**
All offers are welcome for consideration including
SELLER FINANCING
Unit Breakdown:
🛏️ 39 x 1bd/1ba
🛏️ 78 x 2bd/1ba
🛏️ 27 x 3bd/1ba
🛏️ 1 x 4bd/1ba
🛏️ 1 x 4bd/2BA
🏠 Four duplexes (All 2bd/1ba)
🚪 **6 vacant units**
Address: 209 Boulevard Street, LaGrange, GA 30240, USA
City: LaGrange
County: Troup County
State: Georgia
Zip: 30240
Country: United States
Open In Google Maps
Property Id : 118813
Price: $ 9,760,000
Property Size: 1,060 ft
Bedrooms: 2
Bathrooms: 1
Property Type: Multifamily
Parking: On street
Year Built: 1920
Lot Size: acres
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