Seymour West

170 Westwood Drive, Thomson, GA 30824

24 units in Thomson, Georgia (Augusta MSA)
This is a well-maintained property that offers immediate cash flow
This is the closet workforce housing to the 2.8 Million SF Amazon Fulfillment Center in Appling that employs over 3,000 people
Owners recently invested over $20,000 to remove trees, fix gutters and clean up property
Bring rents up to market. The current average rents are $700, which is 16% below the $825 average market rents.
The landlord currently pays for water and trash. As leases renew, switch to tenants paying for water and trash. This could bring an additional $18,000 per year with tenants paying $50/month for water and $15/month for trash
Add washer and dryers to each unit. There are washer/dryer hookups in each unit but no washer/dryer
Convert the laundry room into rental unit

Lee Malchow