This property is Off-Market
2806 Evergreen Road
Brunswick, GA 31520 ·
7 Units · Multifamily For Sale
|Building Size||4,357 SF||No. Stories||1|
|Property Type||Multifamily||Year Built||1965|
|Property Sub-type||Garden/Low-Rise||Lot Size||27,000 SF|
|Property Use Type||Investment|
|Listing ID: 16039278||Date Created: 12/29/2008||Last Updated: 04/12/2009|
100% OCCUPIED! Here's a Cap Rate that makes sense. This 7 unit apartment complex consists of 5 - 2 Bdr. units and 2 - 1 Bdr. units averaging $325 each for a total of $27,000 rental income annually. These apartments are solid; built with brick and concrete block and maintenance free Terrazzo floors. Each unit is metered seperately for water and electric; both of which the tenants pay. I need the equity out of these great rentals and if your looking for the cash flow then it's a WIN-WIN!
2806 & 2812 Evergreen Road is located in a quiet housing district less than 1 mile from the hospital in Brunswick, GA. It is also located less than 2 minutes away from College of Coastal Georgia - the new 4 year college.
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