Description

ATTENTION INVESTORS: Online Auction – 4 Occupied Residential Rental Units – Lakeview, GA

An investment opportunity not to miss – 4 Occupied units will be sold at Online Auction on March 10th at 6pm.
– Property Contains three improvements: one duplex and two single family homes
– 145, 141, 149 & 153 Nason Street
– Catoosa County Parcel ID # 0001E053
– The Lakeview area has very strong residential rental demand
Gross Monthly Rent = $2,825
Little to no deferred maintenance: owner has completed extensive renovations (details below)
– Each unit is occupied
– Great location
– Lot Size +/- 0.46 Acre
– Zoned R-1, unincorporated Catoosa County
– Zoned for Cloud Springs Elementary, Lakeview Middle (walking distance) and Lakeview-Fort Oglethorpe High School
– 4 security cameras in place to monitor the outside of the units, video recorded 24/7 on a secure on-site DVR system that is connected to a secure Wi-Fi network. Owner can view the video feed through a smartphone ap.

Units 1 & 2: 141 & 145 Nason Street – Duplex
– 145 Nason (right side of duplex) has 2BR/1BA – Currently Leased for $600/Month, Lease expires April of 2020
– 141 Nason (left side of duplex) has 1BR/1BA – Currently Leased for $500/Month, Lease expires April of 2020
– Recently replaced in each unit: windows, gutters, water heater, HVAC, plumbing, electrical and lighting
– New front deck
– Laundry hookups
– New septic tank and field lines installed June of 2019
– Mix of hardwoods, LVP, carpet and tile

Unit 3: 149 Nason Street – Two-Story Single-Family Home
– Currently Leased for $1,050/Month, month-to-month lease, tenants willing to sign longer term lease
– 4BR/2BA
– New septic system and field lines installed in 2018
– New gutters, HVAC, plumbing, water heater and electrical
– Laundry hookups
– Mix of hardwoods, carpet and tile

Unit 4: 153 Nason Street – Two-Story Single-Family Home
– Currently Leased for $675/Month, month-to-month lease, tenants willing to sign longer term lease
– 2BR/1BA
– New roof February of 2019
– New windows
– New septic system and field lines installed in 2018
– New HVAC, plumbing and water heater
– Laundry hookups
– Mix of LVP, carpet and tile
– Partially finished basement/workshop with garage door, plumbed for a full bathroom

Agent

Agent profile image
Chad Oliver
800-729-6466


coliver@soldoncompass.com


http://www.soldoncompass.com

Company: Compass Auctions & Real Estate


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