1501 Conklin LN, Augusta, GA 30901
1501 Conklin LN, Augusta, GA 30901
1501 Conklin LN, Augusta, GA 30901
1501 Conklin LN, Augusta, GA 30901
1501 Conklin LN, Augusta, GA 30901
1501 Conklin LN, Augusta, GA 30901
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Lofty Support

+1(805) 243-3301
$ 1,250,000
Est. payment | /mo

6,288 SqFt

Save
$ 1,250,000
Est. payment | /mo
Save

6,288 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,288 sqft

Price per Sqft $198

Subdivision Bethleham

MLS Listing ID 100613731

Year Built 1940

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 195' X 176'

Property Sub-Type Multi Family

Source Hive MLS

Property Description

An exceptional opportunity to acquire a 15-property single- family residential rental portfolio strategically located within Augusta's revitalization zone and along the path of downtown growth. The portfolio includes 7 Section 8 rentals and 5 non-Section 8 rentals, providing established rental income with additional upside through rent stabilization and income optimization across all 15 properties. This unique build-to-rent investment presents the opportunity to construct up to 8 additional homes, offering significant potential for future expansion and increased rental income. The portfolio is stabilized and owner-managed, with the current property management willing to remain in place through the transaction, providing a seamless transition for the new owner. Recent improvements include roofs approximately 3 years old with split-unit systems providing heating and air, updated electrical systems, and various cosmetic enhancements. With its strategic location, established rental income, and substantial development potential, this portfolio offers investors an exciting opportunity to capitalize on Augusta's continued downtown revitalization and long-term growth. Financials, rent roll, and a detailed list of property improvements are available to serious investors upon request.

Location

State GA

County Richmond

Community Bethleham

Zoning R3

Direction Heading East on Wrightsboro Rd. Turn South on Anderson Ave. property is on the left; on the corner of Conklin Ln and Anderson Ave.

Location Details Mainland

Interior

Heating Wall Furnace, Electric, Forced Air

Cooling Other

Exterior

Parking Features Other

Garage No

Building

Water Public

New Construction No

Others

Tax ID 0591331000

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Real Broker, LLC

Nearby Locations

Lofty Support
Lofty Support

+1(805) 243-3301 | domainslofty@gmail.com

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1501 Conklin LN