120 Lonnie Ln | Americus, GA 31709
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120 Lonnie Ln
Americus, GA 31709
Hillside Manor Apartments · Multifamily Property For Sale
·
60 Units
INVESTMENT HIGHLIGHTS
- Stabilized asset with positive performance trends and superb value-add potential through light renovations.
- Located near the area's best retail offerings.
- Ideal unit mix comprising studios, one, and two bedroom units with spacious floor plans.
- High historical occupancy. Upside through increasing rents organically to bring them on par with market rates.
PROPERTY FACTS
| No. Units | 60 | Building Size | 36,288 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | C | Parking Ratio | 2.45/1,000 SF |
| Lot Size | 5.00 AC | ||
| Zoning | 001 | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.00 AC |
| Building Size | 36,288 SF |
| Average Occupancy | 98% |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 2.45/1,000 SF |
| Zoning | 001 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Attic
- Handrails
- Patio
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Renters Insurance Program
- Hearing Impaired Accessible
- Maintenance on site
- Online Services
- Vision Impaired Accessible
- Individual Locking Bedrooms
- Private Bathroom
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 288 |
| 1+1 | 42 | - | 576 |
| 2+1 | 9 | - | 864 |
| 2+2 | 3 | - | 864 |
PROPERTY TAXES
| Parcel Number | 33A-2 | Improvements Assessment | $376,360 |
| Land Assessment | $80,000 | Total Assessment | $456,360 |
PROPERTY TAXES
Parcel Number
33A-2
Land Assessment
$80,000
Improvements Assessment
$376,360
Total Assessment
$456,360
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