Quail Ridge Townhouses is a charming 34 unit complex that has undergone an exterior renovation with some interior improvements. The property features a mix of townhouse, garden and duplex floorplans. The 14.62 total acreage combines two parcels offering the option to add additional units and amenities to the property site. The property is situated in a highly desirable location near East Georgia State College and 45 minutes from both Dublin and Statesboro, GA.
Key Points: 8% cap rate Recent exterior renovation including new roofs and fresh paint on all buildings 12 units updated with additional unit updates as turned Replaced all front wood porches and access steps to all buildings All units include interior laundry Landscaping & amenity upgrades Strong rental history Property site location excludes city taxes Excellent location on Ga. Hwy 56 / U.S. Hwy 1 intersection with walking distance to Georgia Sports Arena
Asking Price: $1,390,000
Building Size: 34,764 SQ FT
Lot Size: 636847
Cost per Square Foot: $39.98