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RE/MAX One Stop
209 E Wilson Street Unit 19, Villa Rica, GA 30180
- $1,200,000
- 2
- BD
- 2
- BA
- 1,100
- SqFt
- List Price
- $1,200,000
- MLS#
- 7862803
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Townhouse
- Bedrooms
- 2
- Bathrooms
- 2
- Square Footage
- 1,100
- Lot Size
- 0.35
- Subdivision
- Wilson Mill Twnhms -Vr
- Building Name
- Wilson Mill Twnhms -Vr
- Basement Description
- None
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
- Style
- Other
- Stories
- One and One Half
- Construction
- Vinyl Siding
- Year Built
- 2002
- Neighborhood Amenities
- None
- Kitchen Features
- Other
- Interior
- Other
- Exterior
- None
- Roof
- Composition
- Parking
- Kitchen Level
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Glanton-Hindsman
- Middle School
- Villa Rica
- High School
- Villa Rica
- Acres
- 0.35
- Hoa Fee
- $900
- Hoa Freq
- Annually
- Levels
- One and One Half
- Unit
- 19
- Taxes
- $1,446
Listing courtesy of Keller Williams Realty Carrollton.
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