Property Listings  >  Online Only Auction - Breezeway Apartments 22-Unit Complex

Online Only Auction - Breezeway Apartments 22-Unit Complex

Fantastic Investment Property * Currently 100% Tenant-Occupied

Sold!

Auction Sale Date:

3/27/2014

Sale Time:

11:00 AM

Inspection Date:

3/19/2014

Inspection Time:

From: 10:00 AM To: 12:00 noon

Property Type:

Apartments

 

Property Address:

11373 Highway 34  Franklin, GA 

 

Auction Address:

Online Bidding Only  Bidding Begins on Tuesday, March 25  ,  

 

Detailed Description:

Breezeway Apartments is comprised approximately of 11,280 rsf  in two buildings attached by a breezeway.  Each unit offers a one bedroom and one bath floor plan, along with den and kitchen.  Building #1 was constructed in 1976 and offers eight units.  The second building offers 14 two-story units and was constructed in 2002.  The property is strategically located at the intersection of Highways 34 and 100, just off U.S. Highway 27, offering convenient drives to Newnan, LaGrange and Carrollton, GA as well as Roanoke, AL.  The buildings are very low-maintenance with vinyl siding and metal roof.  The buildings are situated on 0.88+/- acre and offers ample asphalt parking for all units.

The complex is 100% tenant-occupied (with the remaining two units to be occupied before the auction), making this a superb investment purchase.  Immediate cash flow and low vacancy rate is hard to be found.  Full financial information is available to potential bidders, click the link to the left to download the Property Information Package which contains instructions to obtain all financial information.

Directions:

 

License Number:

GA Firm Lic. #C2479

 

Documents

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