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    OFF-MARKET
    Residential income homes

    1370 Aiken Rd, Bogart, GA 30622

    Property ID
    US22-1043503
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of four income-producing residential properties located in the thriving Athens and Bogart, Georgia areas. The portfolio comprises two single-family homes in Athens (located at 110 Flannigans Place and 325 Ansley Drive) and a duplex in Bogart (situated at 1370/1372 Aiken Road). All four units are currently 100% occupied with existing tenants, generating a substantial net operating income (NOI) of $56,883, resulting in a pro-forma cap rate of 6.89%. The properties boast recent renovations completed in 2024, ensuring modern appeal and minimizing immediate maintenance needs. Built between 1978 and 1981, these properties offer a blend of established character and updated amenities. The portfolio's strong occupancy and recent upgrades provide a stable foundation for immediate cash flow, with potential for future rent increases upon lease renewals or tenant turnover. This is an ideal investment for those seeking a diversified, high-yield rental portfolio in a desirable Georgia market. The asking price for this turnkey investment is $825,000. This portfolio offers a compelling opportunity to acquire a well-maintained, income-generating asset with significant upside potential. The properties are conveniently located in Oconee County, Georgia, with the Bogart property located at zip code 30622.

    Property profile
    Verified
    Property type Residential income homes
    UPID US22-1043503
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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