2609 Country Trce SE - 2609 Country Trace SE 2 Unit Apartment Building Offered at $385,000 at a 7% Cap Rate Conyers, GA 30013

Fantastic investment opportunity with a strong cap rate near 7.0% and solid cash flow. This well maintained duplex features two 3 bed / 2 bath units, each offering remodeled kitchens, living rooms with a fireplace, and access to a large backyard. Current rents of $1,325 and $1,330 per unit generate approximately $31,860 in gross annual income. Estimated annual expenses of $5,098 result in a healthy net operating income of approximately $26,762.
Based on current financing assumptions, projected annual debt service is approximately $22,790, producing estimated annual cash flow of $3,970. With conservative underwriting and a proven rental history, this property presents a compelling buy and hold opportunity with reliable tenants and easy management.
Located just a 12 minute drive from the newly established Archer Aerospace and Rivian manufacturing facilities, which are collectively bringing more than 8,000 jobs to the area, the property benefits from strong tenant demand and continued growth in the local rental market. A turn key income producing asset offering both stability today and upside for long term appreciation.