Photo 1 of 34
$1,200,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 2 |
1.10 |
1,100 |
$1,446 |
2002 |
|
On the market:
10 days
|
View full details, photos, school info, and price history
ATTENTION INVESTORS: Seven townhome units at Wilson Mill in Villa Rica, offered together as one package. Every unit is the same 2 bedroom, 1.5 bath floor plan with about 807 square feet and a garage, all built in 2001 and finished alike, which keeps turnovers simple and repairs predictable. The units are professionally managed today. With all seven leased at a $1,200 base rent, the property shows a 5.7% cap rate at list price. Several units are already collecting more than the base rent, and at $1,350 a month the cap rate moves to about 6.6%. Two units are vacant and ready for a new owner to lease at today's rents. Located in Villa Rica, minutes from I-20. A one-page investment summary with the full income and expense breakdown is available.
Listing courtesy of Jordan McEnery, Keller Williams Realty Carrollton