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MULTI_FAMILY - Gainesville, GA

Exceptional Lake Lanier Class A 9-unit multifamily investment opportunity in Gainesville, GA combining stabilized income with immediate new construction upside. The offering includes 4 fully completed, 100% occupied condominium units generating approximately $99,000 annually ($8,250/month) with a current NOI of $80,436. One unit has recently been re-leased at $2,500/month, supporting continued rent growth. In addition, the property includes 5 shovel-ready Class A condominium units with basement slabs poured, utilities stubbed, and permits approved, allowing for rapid completion within approximately 90 - 120 days. The new units may be configured as: - End units: 4BR / 3.5BA - Interior units: 3BR / 3.5BA + bonus room (2,000 SF) Upon completion of all 9 units, projected income increases significantly, creating a strong value-add and stabilization play in a high-demand rental market near Lak...

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Source: ListHub, MLS# 7738614
Listing status: Active
Listing last updated: May 1, 2026 at 2:40 PM
Listing last checked: May 1, 2026 at 2:32 PM
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