Multifamily Property With RV
For Sale
$250,000
6990 Clarence Nichols Road, Young Harris, GA 30582
Three rental units, an RV hookup, individual tenant meters, and mountain views are included on the property.
Property SizeContact for details
Days on Market9
Property Features for 6990 Clarence Nichols Road
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Cap Rate
8%
Utilities to Site
Yes
Multifamily Units
3
Amenities
Shingle Roof
Vinyl Flooring
Building Details
Year Built
2014
Tenancy
Multi
Listing Agency:
REMAX TOWN & COUNTRY - THE RICHARD KELLEY GROUP
(706) 842-7450
Listed By:
JEREMIAH JACOBS · License #299559
Source:
Corcoran
Added: Aug 4
Changed: Aug 11
Last Checked: Aug 11 at 9:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX TOWN & COUNTRY - THE RICHARD KELLEY GROUP
Investment Insights
Based on property information with market context.
Built in 2014, this multifamily property includes three rental units along with an RV lot equipped with a hookup. The site offers usable land, mountain views, individual tenant meters, and an on-site caretaker. Water service is provided through the county, while the property uses a shared septic system.
The property is located at 6990 Clarence Nichols Road in Young Harris, Georgia, approximately 15 minutes from Blairsville and Hiawassee. The reported cap rate is 8%, with additional improvement potential identified in the property information.
The property is located at 6990 Clarence Nichols Road in Young Harris, Georgia, approximately 15 minutes from Blairsville and Hiawassee. The reported cap rate is 8%, with additional improvement potential identified in the property information.
Key Highlights
- Three rental units plus an RV lot with hookup
- 8% cap rate with room for improvement
- Usable land with mountain views
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 30582, GA
5,620
Population
2,936
Households
1.9
Avg Household Size
52
Median Age
38%
College-Educated
90%
High-School Grad
51.9 sq mi
ZIP Area
108
Density / Sq Mi
$65,122
Median Household Income
$22,683
Median Earnings
$695
Median Rent
$287,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three rental units, an RV hookup, individual tenant meters, and mountain views are included on the property.
Where is this multifamily property located?
The property is located at 6990 Clarence Nichols Road Young Harris, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three rental units plus an RV lot with hookup; 8% cap rate with room for improvement; Usable land with mountain views
