Six Income-Producing Condo Package in Georgia

$639,900.00

Here is a great opportunity to pick up six income producing condos in Lithonia, Georgia. Five of the six condos are currently rented and the sixth condo has been fully renovated and is ready for a tenant! This is a portfolio that will give you immediate returns as soon as it closes!  Here is a breakdown of each unit:

  1. 2940 Parc Lorraine: 2 bed/2 bath; 1,280 sq. ft.; $1,295/mo.
  2. 2960 Parc Lorraine: 3 bed/2 bath; 1,628 sq. ft.; $1,450/mo.
  3. 3064 Parc Lorraine: 2 bed/2 bath; 1,072 sq. ft.; $1,295/mo.
  4. 3074 Parc Lorraine: 2 bed/2 bath; 1,280 sq. ft.; $1,295/mo.
  5. 3090 Parc Lorraine: 3 bed/2 bath; 1,628 sq. ft.; $1,395/mo.
  6. 3106 Parc Lorraine: 2 bed/2 bath; 1,376 sq. ft. This one is vacant and has been updated. Rent rate: $1,500/mo.

With a low HOA, stable tenants, and rents that are greater than the 1% rule; this is truly a slam dunk! Porperties with these features tend to move quickly! For more information, please contact your Georgia Grapevine Advisor.

Bedrooms: 14

Bathrooms: 12

CMA Property Report – 2940

CMA Property Report – 2960

CMA Property Report – 3064

CMA Property Report – 3074

CMA Property Report – 3090

CMA Property Report – 3106

1 in stock

Description