5609 Murray Ave, Thomson, GA 30824
This exceptional value-add investment opportunity consists of six fully leased single-family homes totaling 8,103 square feet, situated on 2.43 acres of land in Thomson and Warrenton, Georgia. The portfolio comprises three single-family homes and three modular homes, offering a diverse mix of housing options. Currently generating a monthly income of $5,200 with a 100% occupancy rate, this property boasts a strong 8.31% cap rate and a net operating income (NOI) of $51,509. The asking price is $620,000, translating to $76.51 per square foot and $103,333.33 per unit. The properties are conveniently located, with four in Thomson (McDuffie County) and two in Warrenton (Warren County), offering easy access to I-20 and Augusta, Georgia (approximately 40 miles away). Tenants are on month-to-month leases, and the property is currently self-managed, presenting a significant opportunity for increased rental income through strategic rent adjustments upon lease turnover. The low controllable expenses, with tenants responsible for utilities and landscaping, further enhance the investment's attractiveness. This portfolio presents a compelling opportunity for investors seeking stable cash flow and long-term growth potential in thriving rental markets.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.