$1,674,900

Residential Income In Gainesville

  • 436 Sqft lot
  • Updated: Today
  • Source:
    Georgia MLS  MLS#10714666

About the Property

Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximat
Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually based on the existing rent roll. The property offers lake views from the condominium units and is within walking distance of Holly Park and minutes from Lake Lanier, shopping, dining, medical facilities, and major employment centers, making it an attractive long-term investment in one of North Georgia’s fastest-growing markets. An additional opportunity is available to purchase five slab-ready condominium sites separately or in combination with the completed units. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, providing the potential to expand the existing rental portfolio. The four completed condominium units, the five slab-ready condominium sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.
  • Property type

    Other

  • Year built

    2024

Features

Explore the Area

2451 NW Old Thompson Bridge RD, Gainesville, Georgia, United States View on Google Maps
Price per sqft
Low
High

View 594 more listings in Gainesville

eXp Realty - Atlanta

Joined 11 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

eXp Realty - Atlanta
Georgia, United States
View agency profile
284
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
eXp Realty - Atlanta
Atlanta, Georgia, United States
View agency profile
Last updated
Today
First listed
Mar 30
Listing reference
10714666
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 10714666, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with