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SOLD July 31st Income Producing - 9 mobile home rental pads and 47 acre farm with house. All furnishings and equipment included. 3426 Bob Bryant Road ($615,000) Gainesville, Ga, 30507 So many reasons to purchase this property: Income, Investment, Farm with income Bring your horses Rent the entire farm out Subdivision? 47 total acres with 1,842 s.f. brick home (which you could rent or move into) with private gated driveway (3426 Bob Bryant Road) Then to the left and right of the gated entry are a total of 9 platted mobile home lots that are leased for $175 each per month and that rent should be more! The tenants own their mobile homes but are paying lot rent. That is $1,575 monthly in rent ($18,900 yearly). The way these lots are laid out they do not compromise the view or the privacy of the MAIN home and farm. The property is fully fenced and has a nice size (full time) creek running through it with a great place to build a lake. Owner has installed cement truck crossings over the creek. Bring your horses - cattle - goats - chickens or relax on the back patio of the house overlooking the 47 acres with 1,240 estimated feet of road frontage. 34+/- acres are on conservation taxing to keep taxes low. Along with the nice income this property produces, the sale also includes - just to name a few: 1994 Dodge Ram 1500 pickup 1978 Chevy collectors truck. Like New 1973 cattle trailer Ford Tractor 3910 (1987) with bush hog - 4 additional implements Homemade work trailer 1974 Chevy Vega (nice) 2 John Deere lawn mowers Farm tools galore 2 out buildings ***Here is some math to consider on how this property might pay for its self: $615,000 purchase price 20% down $123,000 4.5% 30 year note $2,492 monthly payment ($29,914 yearly) Income: 9 mobile home lots leased at $175 monthly= $1,575 ($18,900 yearly) 1 3BR-2Ba Home on property. Estimated rent $1,500 ($18,000 yearly) Total Gross Income yearly is $36,900 and your total yearly payments is $29,914! DRONE FLIGHT TOUR Take a look at the aerial photos, pictures, plats, mapping etc below. *** Please call me with any questions - 770-540-5373 *** Property Package Exterior of house-pasture (MOV)
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Berkshire Hathaway Commercial Services 500 Jesse Jewell Parkway, S.E., Suite 300, Gainesville, GA 30501 770-533-6721 |
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