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Alpine Lofts 202 Narr Weg 12 Unit Apartment Building $2,850,000 ($237,500/Unit) Helen, GA 30545
Investment Highlights
- 2 Blocks from The Square.
- One block form Chattahoochee River.
- Close proximity to retail.
Executive Summary
Prime Investment Opportunity in the Heart of Helen, GA!
Welcome to 202 & 210 Narr Weg – a rare and highly sought-after dual-building portfolio located just steps from the charm and bustle of downtown Helen. This turnkey property features 8 fully furnished, one-bedroom residential lofts – each offering a spacious living area, full kitchen, and modern bath, ideal for short-term vacation rentals. Additionally, the property includes 4 fully leased commercial units, providing steady long-term income from established tenants. Built within the last three years, both buildings boast contemporary construction, low maintenance. Whether you're expanding your portfolio or looking for a lucrative investment in one of Georgia’s top tourist destinations, this offering checks every box. Own the best of both worlds – commercial stability and vacation rental upside – all in one package.
Welcome to 202 & 210 Narr Weg – a rare and highly sought-after dual-building portfolio located just steps from the charm and bustle of downtown Helen. This turnkey property features 8 fully furnished, one-bedroom residential lofts – each offering a spacious living area, full kitchen, and modern bath, ideal for short-term vacation rentals. Additionally, the property includes 4 fully leased commercial units, providing steady long-term income from established tenants. Built within the last three years, both buildings boast contemporary construction, low maintenance. Whether you're expanding your portfolio or looking for a lucrative investment in one of Georgia’s top tourist destinations, this offering checks every box. Own the best of both worlds – commercial stability and vacation rental upside – all in one package.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,850,000 | Property Subtype | Apartment |
| Price Per Unit | $237,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.09 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 9,600 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2021 |
| Zoning | C2 - Pedestrian/Highway Commercial | ||
| Price | $2,850,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 2.09 AC |
| Building Size | 9,600 SF |
| No. Stories | 3 |
| Year Built | 2021 |
| Zoning | C2 - Pedestrian/Highway Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Wheelchair Accessible
- Trash Pickup - Curbside
- Walk-Up
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $576,584 | |
| Land Assessment | $50,400 | Total Assessment | $626,984 |
Property Taxes
Parcel Numbers
Land Assessment
$50,400
Improvements Assessment
$576,584
Total Assessment
$626,984
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Videos
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Photos
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Map
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Presented by
The Realty Group Adin Baban and Associates, LLC
Alpine Lofts | 202 Narr Weg
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