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6 Townhouses Metro Atlanta, Canton GA 6 Multifamily Properties Offered at $1,595,000 in Canton, GA

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INVESTMENT HIGHLIGHTS

  • * Location near I-575 in metro Atlanta, Cherokee County, City Limits of Holly Springs *
  • Fully occupied with long term tenants.
  • Value-add opportunity for some rents and finishing basement in one of the 3 bedroom units.
  • Near new downtown Holly Springs development, downtown Woodstock, and downtown Canton.

EXECUTIVE SUMMARY

The six townhouses offered for sale are located in the Cypress Springs subdivision and have been long term rental properties managed for many years by Georgia Rental Group. We have records of all the maintenance for the properties going back years. All the townhouses available for sale were built between 2006 and 2008.
NOTE: Look at the future upside equity in Holly Springs.
- Two 3 bedroom units (one with unfinished basement)
- Four 2 bedroom units
Total rent income for all units is $10,409 monthly. See rent roll for breakdown of each unit and the T12 for more financial details.
The Cypress Springs subdivision is located within the city limits of Holly Springs, GA with a mailing address in Canton, GA zip code 30115.
Holly Springs, GA, is approximately 35 miles north of downtown Atlanta and about 50 miles north of Hartsfield-Jackson Atlanta International Airport. Depending on traffic, the drive to downtown usually takes around 40 to 50 minutes via I-575 South and I-75 South and the drive to the airport typically takes around 55 minutes to 1 hour and 15 minutes, depending on traffic.
Nestled in the heart of Cherokee County, Holly Springs, GA, is a charming and rapidly growing community that perfectly blends small-town warmth with modern amenities. Known for its friendly neighborhoods, top-rated schools, and a strong sense of community, Holly Springs offers residents a high quality of life amidst scenic landscapes. Whether you're considering a move to the area or simply exploring what makes this city unique, Holly Springs stands out as a welcoming place to call home.
NEW DOWNTOWN HOLLY SPRINGS DEVELOPMENT
Holly Springs, GA, is undergoing an exciting transformation with the development of its new downtown area, designed to be the vibrant heart of the community. This mixed-use development will feature a blend of residential, commercial, and recreational spaces, creating a lively hub where residents can live, work, and play. With plans for modern amenities, stylish shops, restaurants, and green spaces, the new downtown aims to preserve the city’s small-town charm while offering a fresh, contemporary vibe. This project is set to enhance Holly Springs' appeal, making it a prime destination for both locals and visitors alike.
FOR MORE INFO CONTACT:
John Marion
Associate Broker
RE/MAX Town & Country / Innovative Properties Group
102 Overlook Cir, Suite A, Canton, GA 30115
Office: 404-410-2927
Mobile: 703-371-9548 (call or text)
Email: johnmarion.com@gmail.com (yes the email is correct!)

PROPERTY FACTS

Price $1,595,000
Price / SF $218.97 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 6.48%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 7,284 SF
Total Land Area 0.39 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
107 Cypress Ct, Canton, GA 30115 Multifamily 1,386 SF 2006 -
110 Cypress Ct, Canton, GA 30115 Multifamily 1,293 SF 2006 -
134 Cypress Ct, Canton, GA 30115 Multifamily 1,293 SF 2007 -
117 Cypress Ct, Canton, GA 30115 Multifamily 1,155 SF 2007 -
121 Cypress Ct, Canton, GA 30115 Multifamily 1,155 SF 2007 -
137 Cypress Ct, Canton, GA 30115 Multifamily 1,002 SF 2008 -
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  • Listing ID: 32974203

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 6 Townhouses Metro Atlanta, Canton GA, Canton, GA

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