8645 Ashley Way, Douglasville, GA 30134

8645 Ashley Way, Douglasville, GA 30134
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$3,307,000
Sold on 7/19/21
Beds Baths Sq. Ft. Taxes Built
0 1982
On the market: 69 days
Doug Ferguson
(404) 458-1672
King Team (Atlanta Communities)
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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.
Douglasville

Douglasville

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Listing courtesy of Arthur Garrison