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    OFF-MARKET
    Residential income homes

    5609 Murray Ave, Thomson, GA 30824

    8,103 SF 2.43 ac lot
    Property ID
    US22-1571521
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Residential income homes
    Total area 8,103 SF
    Lot 2.43 ac (105,851 SF)
    UPID US22-1571521
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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