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$5,230,000

Beds
Unknown
sq ft
Unknown

88 Angie Dr, Mcdonough, GA 30252

88 Angie Dr

Mcdonough, GA 30252

  • 39 days on market
Presenting a rare, high-yield portfolio consisting of an 8-unit apartment complex, 10 single-family homes and 4 townhomes, strategically located in prime neighborhoods. This exclusive offering provides a diversified asset mix, perfect for the savvy investor seeking exceptional returns. Each property boasts strong rental histories, high occupancy rates, very low maintenance (recently remodeled) and is situated in desirable, high-demand areas, ensuring steady cash flow and long-term appreciation. The seller is flexible and open to selling portions of the portfolio, making this an unparalleled opportunity to acquire a solid investment in one of the fastest-growing markets. Don't miss your chance to secure this premium collection of properties – ideal for expanding your real estate portfolio or starting a lucrative venture in a highly competitive market. 10 Single-Family Homes: Located in sought-after neighborhoods, perfect for steady rental income. 4 Townhomes: Modern and well-maintained, offering great tenant retention. 8-Door Apartment Complex: A solid, high-occupancy multi-family asset in a prime location. Seller is open to selling individual properties or the portfolio in sections. This is a rare chance to capitalize on a diversified portfolio with outstanding potential for both immediate cash flow and long-term growth.

Details

Property type

Est. home value

$806,952

Lot size

0.93 acres

Price per sq ft

Unknown

Year built

1970

Annual property taxes

$6,142

HOA

No

Price History

10/08/2024
FMLS

FMLS #7460736

Listed
$5,230,000
+970.62%
10/30/2019
FMLS

FMLS #6617020

Sold
$488,500

Schools & Community

Elementary school: 

Tussahaw

Middle school: 

Henry - Other

High school: 

McDonough

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cadence Bank

Loan start date

December 2019

Original loan amount

$281,750

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Commercial, 4 year

Seller

Vroom Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/24/2024 at 12:25 PM

Listing updated: 10/22/2024 at 1:00 PM

Listed by: Kilian Rief, Atlanta Communities Phone #: (404) 844-4977

MLS: FMLS #7460736

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