209 E Wilson Street Unit 19, Villa Rica, GA 30180

$1,200,000
2
BD
2
BA
1,100
SqFt

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List Price
$1,200,000
Days on Market
9
MLS#
7862803
Year Built
2002
Bedrooms
2
Bathrooms
2
Baths Half
1
Living Area
1,100
Lot Size
15,245
Acres
0.35
Building Name
Wilson Mill Twnhms -Vr

Property Description

ATTENTION INVESTORS: Seven townhome units at Wilson Mill in Villa Rica, offered together as one package. Every unit is the same 2 bedroom, 1.5 bath floor plan with about 807 square feet and a garage, all built in 2001 and finished alike, which keeps turnovers simple and repairs predictable. The units are professionally managed today. With all seven leased at a $1,200 base rent, the property shows a 5.7% cap rate at list price. Several units are already collecting more than the base rent, and at $1,350 a month the cap rate moves to about 6.6%. Two units are vacant and ready for a new owner to lease at today's rents. Located in Villa Rica, minutes from I-20. A one-page investment summary with the full income and expense breakdown is available.

Additional Information

Taxes
$1,446
Hoa Fee
$900
Property Description
Other
Interior Layout
Other
Interior Features
Other
Kitchen Features
Other
Appliances
Dishwasher, Electric Oven, Refrigerator
Utilities
Electricity Available
Heating
Central
Air Conditioning
Ceiling Fan(s)
Exterior Construction
Vinyl Siding
Exterior Features
None
Roof
Composition
Pool
None
Elementary School
Glanton-Hindsman
Middle School
Villa Rica
High School
Villa Rica

Listing Courtesy Of Keller Williams Realty Carrollton, Contact:

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