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615 Glade Fern Way - Townhomes at Cypress Ridge 1,560 SF Flex Condo Unit Offered at $3,700,000 in Tifton, GA 31794
INVESTMENT HIGHLIGHTS
- Walkable comuunity close to the amenities of town, schools, and medical care
- POA to protect investment
- Growing area with new development
EXECUTIVE SUMMARY
Investors pay attention! 18 townhomes for sale at Cypress Ridge. 3 units built in 2008, 1 unit built in 2013, 4 units built in 2014, 7 units built in 2016, 3 units built in 2018. Units consist of 3 bedrooms with the master suite on the main floor, along with a half bath and open concept living area and kitchen. 2 guest rooms and a guest bathroom upstairs. Mandatory POA membership. Cypress Ridge covenants apply. Total monthly income $22,100. Private Remarks:
PROPERTY FACTS
| Total Building Size | 77,607 SF | Floors | 2 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 14,040 SF |
| Property Subtype | Apartment | Year Built | 2016 |
| Building Class | C | Lot Size | 0.80 AC |
| Total Building Size | 77,607 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 14,040 SF |
| Year Built | 2016 |
| Lot Size | 0.80 AC |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Ceiling Fans
- Crown Molding
- Kitchen
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Attic
- Double Pane Windows
- Family Room
- Porch
- Large Bedrooms
SITE AMENITIES
- Clubhouse
- Picnic Area
- Playground
- Pool
- Pond
- Private Bathroom
1 UNIT AVAILABLE
Unit 18
| Unit Size | 1,560 SF | Sale Type | Investment or Owner User |
| Price | $3,700,000 | No. Parking Spaces | 36 |
| Price Per SF | $2,371.79 | Sale Conditions | 1031 Exchange, Bulk/Portfolio Sale |
| Condo Use | Flex | APN/Parcel ID | T074 104 |
| Unit Size | 1,560 SF |
| Price | $3,700,000 |
| Price Per SF | $2,371.79 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 36 |
| Sale Conditions | 1031 Exchange, Bulk/Portfolio Sale |
| APN/Parcel ID | T074 104 |
DESCRIPTION
3 bed, 2.5 bath condo with master suite on the main floor. Two guest bedrooms and full bath upstairs. Hardiplank exterior, landscaped lots, mandatory POA.
SALE NOTES
Excellent cash flow opportunity for an invester. Instant ROI with full occupancy..
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 18 | $1,300 | 1,560 |
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615 Glade Fern Way - Townhomes at Cypress Ridge
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