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5202 Old Mike Padgett Hwy - 7-Unit Single Family Rental Package 7 Unit Apartment Building Offered at $1,295,000 at a 7.70% Cap Rate Augusta, GA 30906
Investment Highlights
- City water & Septic
- Homes are 2024 models on Permanent Foundations
- Individually parceled lots
Executive Summary
Multiple adjacent homes situated just off Mike Padgett Highway (GA-56), allowing for centralized management and ease of maintenance. Conveniently located approximately 25 minutes from the Augusta, GA market.
7-unit residential portfolio offering diversified income streams and strong operational flexibility. The package includes five Section 8–occupied units, each generating $1,400 per month, two actively operated short-term rental units producing $2,000 per month each. All homes are on permanent foundations situated on individually parceled lots, allowing for future individual home sales or portfolio repositioning. The portfolio may be acquired as a package or split into smaller groupings. Email for pricing guidance on individual assets or partial portfolio acquisitions.
7-unit residential portfolio offering diversified income streams and strong operational flexibility. The package includes five Section 8–occupied units, each generating $1,400 per month, two actively operated short-term rental units producing $2,000 per month each. All homes are on permanent foundations situated on individually parceled lots, allowing for future individual home sales or portfolio repositioning. The portfolio may be acquired as a package or split into smaller groupings. Email for pricing guidance on individual assets or partial portfolio acquisitions.
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5202 Old Mike Padgett Hwy - 7-Unit Single Family Rental Package
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