0 Sisk Rd, Avalon, GA 30577 | MLS 10155065 | Listing Information | Fourth Mountain Real Estate

0 Sisk Rd
Avalon, GA 30577

Acre Lot
Courtesy: Living Down South Realty
Fourth Mountain RE> Georgia> Avalon> 30577
STAKE YOUR CLAIM with this 8 unit rental community on 11+ sprawling acres with plenty of room to grow with city approval to install 4 units per acre with acceptable soil testing for septic. Situated in between Ga Hwy 17, Historic 17, and Sisk Rd, this property has ingress and egress access to ALL 3 roads with almost 1,600 ft of road frontage. As a bonus, the West property line adjoins North Georgia Technical College. Each unit is meticulously maintained with individual electrical meters and septic tanks with community water (public) and 3rd party trash service provided by the owner. History of long term renters who collectively keep their own outdoor scapes maintained and free from clutter. CAP w/ latest rent increase and 95% occupancy at 5.62% is reflected by rents that are still well below market. Pro-forma CAP of 8.20+% is easily obtained with additional marketing and increasing rents just shy of market to remain extremely competitive and occupancy high. 12 minute drive to I-85 (Lavonia) and 13 minute drive to Historic Downtown Toccoa. This property is located in a tri-county region with extremely low inventory of fee simple and rental housing with current market rents for 2/2,3/2 at $900-$1,500, SO DO IT TODAY AND NOT SOMEDAY and schedule your property tour today.
Rental - Other, 1 Story
11.14 Acres
Vinyl siding
Septic Tank
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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