Property profile

201* Dogwood Rd Ellijay, GA 30540

FOR SALE
Residential income homes
Property ID
US22-2837670
1,820 SF 6.6 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of six duplexes totaling twelve rental units, situated on a 6.6-acre lot in Ellijay, Georgia. Built in 1995 and renovated within the last 10 years, these ranch-style homes offer a combined 1,820 square feet of living space. Each unit features two bedrooms and one bathroom, providing comfortable and functional living spaces for tenants. The property boasts a desirable location in a well-regarded neighborhood with excellent schools, contributing to strong tenant demand and occupancy rates. Currently, all twelve units are leased, with a significant portion of tenants having occupied their units for over a year, indicating high tenant retention. The seller is providing comprehensive maintenance records and contact information for reliable maintenance contractors, ensuring a smooth transition for the new owner. The property is zoned R3, offering flexibility for future development or expansion. This turnkey investment is an ideal opportunity for a seasoned investor seeking a stable, high-performing rental portfolio in a thriving Georgia community. The property is offered at $2,100,000.

Property profile

Verified
Property type Residential income homes
Year built 1995
Total area 1,820 SF
Lot 6.6 ac (287,496 SF)
UPID US22-2837670

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center

Location

201* Dogwood Rd Ellijay, GA 30540
Ellijay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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