Building Details

Year Built 1986

Listing Agency: Virtual Properties Realty.com

Listed By: Syed Firoz (470-269-0420) · License #419636 Show Phone

Source: Newhomesinmetroatlanta

Added: Mar 26 Changed: Sep 8 Last Checked: Sep 8 at 7:05AM

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Investment Insights

Based on property information with market context.

This multifamily property, zoned for such use, comprises a combination of multiple listings featuring multi-quad and multiple buildings, totaling 21 units. All units are currently tenant occupied. The property includes listings 7464136 (240 Varnes Lane, Lakemont, GA), 7462742 (12480# Highway 27, Summerville) and 7459993 (102 Asbell Street, Irwinton).

Key Highlights

• Zoned Multi‑Family: Ideal for investment and rental income.
• 21 Units Across Multiple Buildings: Substantial income potential from a diverse portfolio.
• Tenant Occupied: Immediate cash flow upon purchase.

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Storage Facility Catering Service Skin Care Clinic Big Box & Wholesale Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

46

Businesses Nearby

Explore this area Business Placement

Demographics for 30552, GA

1,717

Population

1,686

Households

1

Avg Household Size

53

Median Age

30%

College-Educated

94%

High-School Grad

55.7 sq mi

ZIP Area

31

Density / Sq Mi

$58,417

Median Household Income

$41,141

Median Earnings

$1,139

Median Rent

$282,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property with 21 units, currently tenant occupied.

Where is this multifamily property located?

The property is located at 240-0 Varnes Ln Lakemont, GA.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: Zoned Multi‑Family: Ideal for investment and rental income.; 21 Units Across Multiple Buildings: Substantial income potential from a diverse portfolio.; Tenant Occupied: Immediate cash flow upon purchase.