This property has sold.

Details: Multifamily

Square Feet: 21,584 SF

Year Built: 1991

SOLD – Seymour West

170 Westwood Dr, 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
  • Bring rents up to market. The current average rents are $700, which is 28% below the $900 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

This property has sold.