5358 Whitmire Drive, Gainesville, GA
Multi-family for Sale - $1,299,900 - 40,000 Sq. Ft. on 47.1 acres
Property Info
| CIMLS# | 132861 |
| Location 5358 Whitmire Drive Gainesville GA 30504 | |
| Updated | February 14th, 2011 |
| Type | Multi-family |
| Price | $1,299,900 |
| Building | 40,000 Sq. Ft. |
| Land | 47.1 acres |
Property Description
Country Manor Apartments
*12 One Bedroom Units
*12 Two Bedroom Units
Located near Lake Lanier, this 24-unit
apartment complex is private, but yet close to
all the amenities, and within 1/2 mile of Lake
Lanier boat launches. Residents
really enjoy the setting and often refer new
tenants to the complex.
The property, on 5.02 acres, also is being sold with an additional .77 acre tract that is currently zoned for
additional multi-family development.
http://redex.reiwise.com/xFlash.aspx?listingid=-7468|1 625&tid=1279403094462
Financials
Gross rents $154,920, $97,747 NOI