1501 Conklin Lane, Augusta, GA 30901
sale
$1,250,000
|
Other
Courtesy Of Real Broker, LLC
An exceptional opportunity to acquire a 15-property single- family residential rental portfolio strategically located within Augusta's revitalization zone and along the path of downtown growth. The portfolio includes 7 Section 8 rentals and 5 non-Section 8 rentals, providing established rental income with additional upside through rent stabilization and income optimization across all 15 properties. This unique build-to-rent investment presents the opportunity to construct up to 8 additional homes, offering significant potential for future expansion and increased rental income. The portfolio is stabilized and owner-managed, with the current property management willing to remain in place through the transaction, providing a seamless transition for the new owner. Recent improvements include roofs approximately 3 years old with split-unit systems providing heating and air, updated electrical systems, and various cosmetic enhancements. With its strategic location, established rental income, and substantial development potential, this portfolio offers investors an exciting opportunity to capitalize on Augusta's continued downtown revitalization and long-term growth. Financials, rent roll, and a detailed list of property improvements are available to serious investors upon request.
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Property Features
- Age: Over 50 Years Old
- Building Units: 15
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Exterior Type: Block
- Heating System: Electric (Heating)
- Heating System: Forced Air
- Heating System: Wall Furnace
- MLSID: 100613731
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