McDUFFIE COUNTY | 5609 Murray Avenue; 1884 Ridgeview Drive; 1934 Ridgeview Drive; 383 Morningside Drive WARREN COUNTY | 266 Mayfield Road; 178 Academy Road; 49 Memorial Drive; 121 W Gibson Street

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Address: Thomson, GA 30824, USA
Created date: April 16, 2024
Date last updated: July 10, 2024
  • - 4,635 SF with 8 units in multiple locations
  • - Diverse mix: 3 single family homes, 5 modular homes
  • - Over 4.6 acres of land combined
  • - Fully leased with monthly rent of $6,850
  • - Tenants on month-to-month leases
  • - Self-managed by sellers
  • - Potential to increase rent with turnover or new leases

Property Description

Meybohm Commercial Properties is proud to exclusively present this rare investment opportunity spanning two counties in Warrenton and Thomson, Georgia. FULLY LEASED investment opportunity spanning two counties in McDuffie and Warren County, just outside of Augusta, Georgia is now available. This 8 unit single-family rental portfolio is 100% tenant occupied and comprises 8 different parcels across multiple locations. Spanning over 4.6 acres of combined land, these properties offer a diverse mix of housing options, including three single-family homes and five modular homes, providing investors with versatility and potential for increased rental income. Currently, all units are fully leased, generating a steady monthly rent of $6,850. Notably, the low controllable expenses associated with these properties enhance their attractiveness to potential investors. Tenants assume responsibility for utilities and landscaping maintenance, resulting in a favorable investment environment with minimized overhead costs. With tenants on month-to-month leases and self-management by the sellers, there exists significant potential to optimize returns through strategic rent adjustments upon turnover or the initiation of new leases. This presents an opportunity for investors seeking stable rental income and long-term growth potential in the thriving rental markets of Warrenton and Thomson. UPDATES TO NOTE: 5609 Murray Avenue- Completely redone this year with new roof, HVAC and all of the interior. 49 Memorial Drive- Metal roof. 2024- updated plumbing and electrical this year. 383 Morningside - New roof- 3 years old 121 W Gibson St -Updated plumbing. Roof is 3 years old 178 Academy Street - New roof less than 3 years old 266 Mayfield Road - Roof installed in 2016 1884 Ridgeview Drive- Roof is 4 years old McDuffie County Properties: 5609 Murray Avenue, Thomson, GA, 30824 1884 Ridgeview Drive, Thomson, GA 30824 1934 Ridgeview Drive, Thomson, GA 30824 383 Morningside Drive, Thomson, GA 30824 Warren County Properties: 266 Mayfield Road, Warrenton, GA 30828 178 Academy Road, Warrenton, GA 30828 49 Memorial Drive, Warrenton, GA 30828 121 W Gibson Street, Warrenton, GA 30828 Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today to

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $815,000
No. of Units: 8
Lot Size: 4.60 Sq ft
Opportunity Zone: No
Price per unit: $101,875
Property Website Click Here
Address: McDUFFIE COUNTY | 5609 Murray Avenue; 1884 Ridgeview Drive; 1934 Ridgeview Drive; 383 Morningside Drive WARREN COUNTY | 266 Mayfield Road; 178 Academy Road; 49 Memorial Drive; 121 W Gibson Street, Thomson, GA 30824, USA
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