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WARREN COUNTY | 266 Mayfield Road; 178 Academy Road; 121 W Gibson Street

Warrenton, GA, 30828

$289,000

Sale Price

Property 1
For Sale
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Property Details

Sale Price.$289,000
Property Type.Multifamily
Building Size3,743 SF

Highlights

  • - 3,743 SF with 3 units in multiple locations
  • - Over 1.0 acres of land combined
  • - Fully leased with monthly rent of $2,700
  • - Tenants on month-to-month leases
  • - Self-managed by sellers
  • - Potential to increase rent with turnover or new leases

Property Description

Meybohm Commercial is pleased to present a stable investment opportunity featuring three single-family homes located just outside Augusta, Georgia, in Warrenton. Each home ranges from 864 to 1,595 square feet and is situated on approximately 1 acre of land. This portfolio currently generates $2,700 in steady monthly rental income, with each property leased at $900 on a month-to-month basis. With tenants responsible for all utilities and landscaping, the properties maintain low controllable expenses, providing investors with minimized overhead and a favorable return environment. The month-to-month lease structure and current self-management by the sellers offer significant value-add potential. Investors can explore rent increases, lease stabilization, or strategic upgrades to enhance returns over time. This portfolio is ideal for investors seeking both immediate cash flow and long-term growth in a burgeoning rental market. Don’t miss this opportunity to acquire a well-located, income generating asset with room for strategic optimization. UPDATES TO NOTE: 178 Academy Street - New roof less than 3 years old 266 Mayfield Road - Roof installed in 2016 Warren County Properties: 266 Mayfield Road, Warrenton, GA 30828 178 Academy Road, Warrenton, GA 30828 121 W Gibson Street, Warrenton, GA 30828 Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today!

Location

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Danielle Meikrantz

Danielle Meikrantz

VP, Associate Broker

Charlie Moye

Charlie Moye

Associate

Interested in This Property.

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