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Rough Draft Atlanta
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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
15,819
acreage
Acreage
0.37
open houses
Open Houses
-
year built
year built
1970
full baths
Full Baths
0
half baths
Half Baths
0
21-unit multi-family property located at 100 S Jefferson St, Albany, GA. This asset represents a stabilized investment. It features an assumable loan with a 5% interest rate, a balance of $988,000 amortized over 25 years, now entering year three. The pricing has recently been adjusted to $1.7 million. The property is generating around $14,000 in gross monthly income, with potential to increase rents to market rates. Additionally, there is a significant opportunity to convert it into student housing, given its proximity to Albany State University, just three minutes away (please refer to the sales brochure for the location map). Showings will be done during contract Due Diligence process. We believe this asset presents considerable value and would be happy to provide any further information you may need to facilitate your decision-making process. Should you have any questions or require additional details, please do not hesitate to contact me. Thank you for considering this property. I look forward to your response. Best regards, Ramesh 678-313-3034
Location
Subdivision -
County Dougherty
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 10412186
Listing agent: Ramesh Ramchandran
Listing broker: Virtual Properties Realty (770) 495-5050
Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, November 13 2024 at 4:02 p.m. EST
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