Multifamily

Lakemont, GA Multifamily Properties for Sale

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Lakemont Multifamily Investment Opportunity
Updated: Oct 1, 2024
Lakemont Multifamily Investment Opportunity

240 Varnes Lane, Lakemont, GA 30552

$1,500,000
10.00 AC lot
Multi‑family zoned property with 10 units across 7 buildings, providing immediate rental income
Current income of $10,500, offering potential for the property to pay for itself
Total of 10 acres allows for future expansion and development opportunities
Diverse mix of unit types: triplex, duplex, mobile homes, studio cottages, and a cabin
Convenient location off Hwy 441 in Lakemont, approximately 5 miles from Clayton, Georgia
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Lakemont Multifamily Investment Opportunity
Updated: Oct 1, 2024
Lakemont Multifamily Investment Opportunity

240 Varnes Lane, Lakemont, GA 30552

$1,500,000
10.00 AC lot
Multi‑family zoned property with 10 units across 7 buildings, providing immediate rental income.
Current rental income of $10,500, offering a potential for the property to pay for itself.
Total of 10 acres (4 acres + 6 additional acres) allows for future expansion and development.
Diverse mix of unit types: triplex, duplex, mobile homes, studio cottages, and a cabin.
Convenient location off Hwy 441 in Lakemont, approximately 5 miles to Clayton, Georgia.
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Renovated Duplex in Lakemont
Renovated Duplex in Lakemont

230 Varnes Lane, Lakemont, GA 30552

$450,000
3.00 AC lot

Upgraded duplex near Lake Rabun, ideal for investors.

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Multifamily Investment Opportunity
Multifamily Investment Opportunity

240-0 Varnes Lane, Lakemont, GA 30552

$2,700,000
10.00 AC lot

Multifamily property with 21 units across three listings.

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Renovated Duplex in Lakemont, GA
Renovated Duplex in Lakemont, GA

230 Varnes Lane, Lakemont, GA 30552

$450,000
3.00 AC lot

Upgraded duplex near Lake Rabun, ideal for investors/owner-occupiers.

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Renovated Multifamily Property in Lakemont
Renovated Multifamily Property in Lakemont

228 Varnes Lane, Lakemont, GA 30552

$499,000
0.37 AC lot

Upgraded triplex in Lakemont, Georgia, near Lake Rabun.

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Lakemont Triplex: Renovated Investment Opportunity
Lakemont Triplex: Renovated Investment Opportunity

228 Varnes Lane, Lakemont, GA 30552

$499,000
0.37 AC lot

Renovated Lakemont triplex near Lake Rabun, ideal for investors.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Lakemont, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Home Income Property
Three-Home Income Property

31 Creekside Lane, Clayton, GA 30525

$525,000
2.29 AC lot

Three homes on one parcel with multiple income-use options, plus outbuildings and a workshop/garage.

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RV Lot in Mountain Village Resort
RV Lot in Mountain Village Resort

15 Holiday Rambler Lane, Dillard, GA 30537

$69,000
0.05 AC lot

RV lot with 50/30 amp electric and included utilities through the HOA.

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Clayton Development Opportunity
Clayton Development Opportunity

624 Highway 76 East, Clayton, GA 30525

Contact for pricing
5.66 AC lot

5.66 acres near downtown Clayton with development potential.

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RV Site with Mountain Views
RV Site with Mountain Views

82 Holiday Rambler Lane, Dillard, GA 30537

$65,000
0.04 AC lot

RV site with full hookups and resort amenities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Unrestricted Land in Walhalla, SC
Unrestricted Land in Walhalla, SC

2015 Highlands Highway, Walhalla, SC 29691

$40,000
0.50 AC lot

Half acre lot suitable for various housing types near Walhalla.

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Hiawassee Vacant Lot with Views
Hiawassee Vacant Lot with Views

19 Buckhead Hills lot: 19, Hiawassee, GA 30546

$80,000
1.38 AC lot

1.38-acre lot with lake views and RV hookup.

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Unrestricted Land in Westminster, SC
Unrestricted Land in Westminster, SC

Tract E Vine Road, Westminster, SC 29693

$39,900
1.67 AC lot

1.67-acre unrestricted lot ideal for various uses.

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Land in Martin, Georgia
Land in Martin, Georgia

76 Catalina Drive, Martin, GA 30557

Contact for pricing
0.13 AC lot

Corner lot suitable for mobile, tiny, or retirement home.

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Lakemont, GA Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Lakemont, GA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $7,598,000.

Sale prices for multifamily properties in Lakemont, GA start at $450,000, averaging $1,085,428, and reaching up to $2,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3
Triplexes 3
Mobile home & RV parks 2
Apartment buildings 1

Demographics Overview

Population 1,834
Population Growth (5Y) +1.6%
Median Household Income $58,417
College Educated 39.5%

High-Yield Neighborhoods for Investment

Identify Lakemont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
30552 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.83%
Property Tax per SF $53.97 per SF
Tax Rate vs County Average 0.38 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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