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31533 (Douglas, GA)

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$2,155,200

820 Bowens Mill Road Douglas, GA 31533
6 Beds 40,368 Sq. Ft
6 Full Baths
Courtesy Of Captive, LLC DBA EXIT Realty In Touch
MLS# 106167
PROPERTY DESCRIPTION: 
Great income producing property. This well maintained and updated apartment complex has 48 total units in 5 separate buildings. It is situated on a major US Hwy and features a quiet 7.59 acre setting. Major capital improvements over the last few years have this property in great shape boasting an occupancy rate of 97-100% and even a waiting list at times. With an office, stocked supply room, private fishing pond, and pool on location this turn key investment is practically self sufficient. Each unit is approx. 841 sq.ft. 2BR/2BA with an eat-in bar flowing from the kitchen to the living room. Rent prices vary depending on level of updates completed. Tenants cover their own utilities except for trash which is provided by owner. At $44,900 per door and an 8% CAP Rate even with major capital improvements last year this is a great deal.
FEATURES:
Age: 21-30 Years Old
Amenities: Pond, Ceiling Fan, Cable Ready
Appliances: Dishwasher, Refrigerator
Architecture Style: Other
Cooling System: Central A/C
Exterior Type: Vinyl Siding
Heating Fuel: Electric
Lot Size: 7.59 Acres
Parking Type: Driveway
Roof Type: Composition Shingle
Rooms: Bedroom, Full Bath, Utility

$69,900

803 & 804 Willow St Douglas, GA 31533
4 Beds 1,802 Sq. Ft
2 Full Baths
Courtesy Of Coldwell Banker Minchew Properties
MLS# 107074
PROPERTY DESCRIPTION: 
This duplex is an excellent investment opportunity. Rents for a total of $700.00 per month.
FEATURES:
Style: Post-War

31533 (Douglas, GA) Real Estate & Homes for Sale - 2 Listings Found

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