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Commercial Property · For Sale

711 E Howell ST, Hartwell Active

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Asking price
$1,450,000
Price / SF
$139.21
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
10,416 sq ft
Year built
1979
NOI
Tenancy
Building height
Building FAR
Lot size
0.59 acres
Zoning
N/A
Frontage
Listing #
EN-21003
MLS #
10832020

Excellent opportunity to acquire a 100% occupied 12 unit multifamily property located at 711 E. Howell Street in Hartwell, Georgia. The property consists entirely of desirable 2 bedroom units, with six 2BR/1.5BA units and six 2BR/1BA units, totaling approximately 10,416 rentable square feet. Current rents total $10,475 per month, with estimated market rents of approximately $13,200 per month, providing a potential $32,700 in additional annual rental income as rents are brought to market. The property has also benefited from recent flooring, painting, subfloor, appliance, HVAC, and general maintenance improvements. This is a strong income producing investment with established occupancy and significant value add potential through future rent growth. Offering memorandum and additional financial information available to qualified buyers upon request. Please do not disturb tenants; appointments will be made to look inside during due diligence period.

Location

GAMLS
Listed by Turnkey Realty LLC
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10832020

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