For more information regarding the value of a property, please contact us for a free consultation.
8645 Ashley WAY Douglasville, GA 30134
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,307,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Ashley Oaks
MLS Listing ID 6881954
Sold Date 07/19/21
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1982
Tax Year 2020
Lot Size 2,495 Sqft
Acres 0.0573
Property Description
28 UNITS IN A 36 UNIT COMPLEX. 25 UNITS ARE OCCUPIED AND RECENTLY UPDATED. THREE VACANT UNITS WILL BE REMODELED AND RENTED BY JULY. MIXTURE OF 2 AND 3 BEDROOM UNITS. PRICE INCLUDES TWO ADDITIONAL PROPERTIES. 901 PACIFIC AVE, BREMEN, GA IS A VACANT, SIX UNIT BUILDING. THE EXTERIOR HAS BEEN REHABBED, BUT THE INTERIOR NEEDS TO BE TOTALLY REMODELED. ALL UNITS ARE 2/1. 8562 ADAIR STREET, DOUGLASVILLE IS A SINGLE-FAMILY HOME. IT IS CURRENTLY OCCUPIED BY A FAMILY MEMBER. RENTAL POTENTIAL IS $950 FOR 28 UNITS IN ASHLEY OAKS, $800 FOR 6 UNITS IN BREMEN. POTENTIAL CAP RATE FOR ENTIRE PACKAGE IN EXCESS OF 8.5%. OWNER WILL CONSIDER SELLING PROPERTIES INDIVIDUALLY.
Location
State GA
County Douglas
Area 91 - Douglas County
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features Insulated Windows
Exterior
Parking Features Driveway
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 2
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Resale
Schools
Elementary Schools Eastside - Douglas
Middle Schools Chestnut Log
High Schools Douglas County
Others
Senior Community no
Tax ID 0021015A068
Special Listing Condition None
Read Less
Bought with Royale Park Group
GET MORE INFORMATION