1501 Conklin Ln, Augusta, GA 30901

Courtesy of Real Broker, LLC

List Price
$1,250,000
Status
ACTIVE
Days on Market
1
MLS#
100613731
Subtype
Commercial Sale
Year Built
1940
Lot Size
43,560
Acres
1
Subdivision
Bethleham
Neighborhood
Bethleham

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.

Additional Information

Zoning
R3
Heating
Wall Furnace, Electric, Forced Air
Air Conditioning
Other
Parking Features
Other

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