$899,000
For Sale

355 Zollie Lavender Road

Gordon, GA 31031
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

Cash flowing investment portfolio for sale in middle Georgia! This package consists of nine homes conveniently located between Macon and Milledgeville in Wilkinson County. Six of the homes are located together on Zollie Lavender Road and three of the homes are on New Image Drive. Properties are approximately 25 minutes from Macon and Milledgeville providing an excellent affordable housing option for people in both markets. The package also has a 1.1 acre lot with well water access and an existing septic tank ready for a new build or mobile home. All properties are professionally managed. The owner will consider selling the New Image Drive properties and Zollie Lavender properties separately. Gross rent across the portfolio is $7,300 with a market potential of $9,000 ($1,000 per unit). Please do not disturb tenants. No showings will be allowed until an offer is accepted and a prospective buyer is in the due diligence phase. Owner is a licensed real estate agent in Georgia.

  • Property Details
      • Acres1
  • Construction Details
      • Property TypeMulti-Family
      • Basement DescriptionCrawl Space
      • Basement1
    • Condition
      • Year Built2001
  • Utilities / Energy Details
      • Utility FeaturesElectricity Individual Meters, Water Billing Prorated
      • Sewer InformationSeptic Tank
      • Utility SourceShared Well
  • Community and Neighborhood Details
      • Elementary SchoolWilkinson County
      • Middle SchoolWilkinson County
      • High SchoolWilkinson County
      • CountyWilkinson
  • Financial Details
      • Taxes Annual$800
  • Other
      • MLS #10359957

Location

Dana G. LeachReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00