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295 E Wright St 1 Unit Apartment Building $1,000,000 ($1,000,000/Unit) 12.50% Cap Rate Winder, GA 30680
Executive Summary
CALLING ALL INVESTORS! seller will carry a 1st mortgage with 25-30% down OAC. Terms negotiable based on solid offer. Multiple single home complex consisting of 7 Mobile homes, 3 single family homes and 1 warehouse on just over 4.5 acres. Markets rents range from $1000 - $1400 monthly, not including the warehouse which is market at $800 monthly. Most units have been updated. Updates vary by each units needs, but may include new cabinets, HVAC, flooring and appliances. 1 public water meter for all , but is paid by tenants in lease . Individually metered for electric. Some units on shared septic tanks. 2 total parcels of land. Units: (2) 3bd x 2 bath, (6) 2bd x 1bath, (1) 1bd x 1 bath, (1) 2bd x 2 bath. Mobile home title bonds in progress and seller will sell parcel individually.
Property Facts Under Contract
| Price | $1,000,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $1,000,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.50 AC |
| Cap Rate | 12.50% | Building Size | 3,500 SF |
| No. Units | 1 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | ||
| Zoning | R-1 | ||
| Price | $1,000,000 |
| Price Per Unit | $1,000,000 |
| Sale Type | Investment |
| Cap Rate | 12.50% |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 2.50 AC |
| Building Size | 3,500 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Zoning | R-1 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
1 1
Property Taxes
| Parcel Number | XX090-100 | Improvements Assessment | $0 |
| Land Assessment | $19,948 | Total Assessment | $19,948 |
Property Taxes
Parcel Number
XX090-100
Land Assessment
$19,948
Improvements Assessment
$0
Total Assessment
$19,948
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295 E Wright St
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