Description
Residential Subdivision Development Opportunity - FOUR new construction ranch homes (3 bedrooms, 2 bathrooms each) and six additional residential lots (10 properties total). In the Summer of 2024, seller purchased the 10 lots with access to public water and sewer connections and four modular construction homes from Impact Housing who has a manufacturing center in Baxley, GA, located only 42 miles away from the subdivision. Multiple inquiries have been made about renting or lease purchase options for these four homes. The structure of the selller's financing is not conducive to establish rental agreements with tenants. However, due to the demand for lease to own and rental properties in the local market, this project is an excellent opportunity for "lien lords" and long term buy and hold landlords. The 6 additional lots can be developed with stick-built homes, manufactured or mobile homes.
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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5,256SQFT
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$276$/SQFT
School Ratings & Info
Description
Residential Subdivision Development Opportunity - FOUR new construction ranch homes (3 bedrooms, 2 bathrooms each) and six additional residential lots (10 properties total). In the Summer of 2024, seller purchased the 10 lots with access to public water and sewer connections and four modular construction homes from Impact Housing who has a manufacturing center in Baxley, GA, located only 42 miles away from the subdivision. Multiple inquiries have been made about renting or lease purchase options for these four homes. The structure of the selller's financing is not conducive to establish rental agreements with tenants. However, due to the demand for lease to own and rental properties in the local market, this project is an excellent opportunity for "lien lords" and long term buy and hold landlords. The 6 additional lots can be developed with stick-built homes, manufactured or mobile homes.
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