LISTING PHOTO(S) (Click photo to enlarge) 34 in town units. 100% leased. All 4 bedroom and 3 baths. 2 parcels contain the units just down the street from each other. *Double Click to ENL Phase II on Mryle Street Phase I aerial. *Double Click to ENLARGE* (34) 2 story townhome style apartments. All 4 br/3 bath units. Back side of the units Street shot Attractive design and construction.

SOLD - September 15, 2017 - 34 Apartment Units for Sale - 100% leased. 8.56 cap rate. 934 Myrtle Street, S.W. (Sold $3,375,000 - $99,264 per unit.) Gainesville , Ga, 30501 (34) 2 story (4br-3bath) apartment units comprising approximately 1,600 s.f. each on 2 non-contiguous parcels of 2.81 total acres located about a block from each other. Units were constructed in 2006/2007 and are located in central Gainesville. Close to work/employment nearby. Under full property managment with established and successful company. The story about these units is length of stay by the tenants which is currently averaging 4.48 years! The biggest expense for apartments is move in and out. These units keep their customers for a long time. Walk into cash flow. 8.56% cap rate Super income Great 1031 Exchange 100% leased Strong rental market Well managed - no headaches No turn over (2 in last 2 years) All units are leased ranging from $950 to $1,100 per unit. ***Click below for Confidentiality Agreement required for financials and email it to me***  Property Information  Please be patient to down load - Video of exterior of apartments (MOV)  Gainesville Demographics  Confidentiality Agreement  100 Reasons to invest in Gainesville/Hall County! Type:  Sold     Date Sold:       View Map:  Click to View Map/Aerial/Terrain  Phone:  770-533-6721  Email:  Click Here to Request Email On This Property

Berkshire Hathaway Commercial Services 200 West Academy Street, Gainesville, GA, 30501 770-533-6721	Copyright © BrentHoffman.com

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