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High Grove Apartments
100 Lochlyn Place, Bonaire, GA 31005
$5,999,000
100
111,307 SF
$59,990
Multifamily
Garden/Low-Rise
Investment
7.25%
90%
10 AC
-
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Last Verified 11/11/2009
Listing ID 16276938
Description
100 units built on 10 acres located in one of the fastest growing areas of one of the fastest growing counties in Georgia. Built in 2004 and 2005. Swimming pool with patio area, on-site office, fitness center, game room, tanning room and playground.
Both commercial and residential development continues in the immediate area of High Grove. Churches, schools and shopping are very convenient to the property.
Actual
$453,125
| Description | No. Units | Avg. Mo. Rent | |
|---|
| 2Br/2BA Flats/With Study | 12 | $695 | |
| 2BR/2BA Flats | 64 | $615 | |
| 3BR/2BA Flats | 24 | $745 | |
Existing
$4,450,000
6%
30
9
$299,080
Non recourse loan
Map of 100 Lochlyn Place, Bonaire, GA 31005 (Houston County)
Created 6/12/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.