(143125) High Cash on Cash Return on this Perfect Investment, Augusta, GA Sold

  • $369,900 - CCR 35%
Sold

Collect $6,250/month OR MORE on this Residential 12 units (6 Duplex package) in Augusta, GA

Amazing Investment Opportunity!!!

• Are you really looking for great passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

For a price of Single Family Home, you can have 12 income-producing units!

PRICED TO MOVE QUICKLY: $369,900

This multifamily property offers multiple money-generating strategies:

• Current Occupancy: 100%
• CAP Rate on Actuals: 14%
• $48,750 actual annual NOI
• Cash on Cash Return on Actuals: 35%
• Perfect Residential Multifamily deal
• Value play: Rent Increase!
• Great Residential Neighborhood
• Tenants pay all utilities
• Major employers near by property

This is an off-market deal.

Price:
$369,900 - CCR 35%
Address:
2355-59 Lumpkin Rd
Augusta, GA 30906
Terms:
For Sale
Property Type:
Apartment

Property Location