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Listed by Real Broker, LLC
$ 1,250,000
Est. payment | /mo
1 Acres Lot
$ 1,250,000
Est. payment | /mo
1 Acres Lot
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Bethleham
MLS Listing ID 100613731
HOA Y/N No
Year Built 1940
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Multi Family
Property Description
An exceptional opportunity to acquire a 15-property single- family residential rental portfolio strategically located within Augusta's revitalization zone and along the path of downtown growth. The portfolio includes 7 Section 8 rentals and 5 non-Section 8 rentals, providing established rental income with additional upside through rent stabilization and income optimization across all 15 properties. This unique build-to-rent investment presents the opportunity to construct up to 8 additional homes, offering significant potential for future expansion and increased rental income. The portfolio is stabilized and owner-managed, with the current property management willing to remain in place through the transaction, providing a seamless transition for the new owner. Recent improvements include roofs approximately 3 years old with split-unit systems providing heating and air, updated electrical systems, and various cosmetic enhancements. With its strategic location, established rental income, and substantial development potential, this portfolio offers investors an exciting opportunity to capitalize on Augusta's continued downtown revitalization and long-term growth. Financials, rent roll, and a detailed list of property improvements are available to serious investors upon request.
Location
State GA
County Richmond
Zoning R3
Interior
Heating Wall Furnace, Electric, Forced Air
Cooling Other
Fireplace No
Exterior
Parking Features Other
Water Access Desc Public
Present Use Single Family
Building
Water Public
New Construction No
Others
Tax ID 0591331000
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
Nearby Locations
Mary Ellen Small
Broker Associate License ID: GA-177653 | NC-341457
+1(404) 395-1177 | soldbymaryellen@gmail.com