DEALS

Deals

Single Family Rental Home Portfolio – Thomson, GA

THE OPPORTUNITY

The Palomar Group is pleased to present the opportunity to acquires a portfolio of 23 units in Thomson, GA. The portfolio is a combination of single family, duplexes and quadplex residences. Currently, the average rent is $505, which is below the market average in Thomson. All units are separately metered and the tenants are responsible for utilities. These properties are currently 91% occupied, with the in-place income allowing the investor to realize cash flow immediately.​​​​​​

THE DEAL POINTS

  • Asking Price: $900,000 ($39,130/unit)
  • Average Current Rent: $505
  • Acreage: 6.07
  • Square Footage: 15,856
  • Units: 23
  • Buildings: 15
  • Occupancy: 91%
  • Year Built: 1948/1968