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2253 Bellew Drive, Bowman, GA 30624

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For Sale
Sale Pending

$259,900

5 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 5 acres
    Lot size

  • 21-30 Years Old
    Age

Explore this Property

TURN KEY INVESTMENT with Great returns (CAP Rate 10%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $3,100; Gross Annual Rental Income $35,100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Single wide Manufactured homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell.
MLS# 20173045

Courtesy Of Lake Homes Realty

(205) 985-2991

Property Features

  • Age
    21-30 Years Old
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Central A/C, Heat Pumps
  • Exterior Type
    Aluminum Siding
  • Heating Fuel
    Electric
  • Heating System
    Central Furnace, Heat Pump
  • Lot Size
    5 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 2253 Bellew Drive, Bowman, GA 30624

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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