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$1,149,900
10714727 MLS
Exceptional Lake Lanier income-producing investment opportunity in Gainesville, GA featuring 4 fully completed, 100% occupied Class A condominium units with strong in-place cash flow and built-in rent growth potential. Current unit rents are $2,000, $1,750, $1,800, and $2,000/month. Leases include renewal provisions allowing for potential rent increases of up to 40%, providing additional upside potential as tenants renew, subject to market conditions and buyer verification. Each unit offers approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms, featuring modern construction (2023), functional floorplans, and low-maintenance ownership appeal for long-term investors. The property is within walking distance to Holly Park and offers lake views from the condominium units, enhancing tenant appeal and long-term rental demand. Conveniently located minutes from Lake Lanier, Gainesville retail corridors, dining, medical facilities, and major employment centers, this property offers a rare combination of stabilized income, strong rental demand, and future rent growth potential in one of North Georgia's fastest-growing lake-area markets.

2447 NW Old Thompson Bridge Road, Gainesville

Listing courtesy of eXp Realty.

$1,499,900
10714666 MLS
MAJOR SELLER INCENTIVE: Seller will pay the HOA dues on the 4 completed units for 5 YEARS, subject to final contractual terms. Current HOA dues are approximately $180 per month per completed unit, representing approximately $43,200 in potential HOA savings over five years based on current dues. Exceptional income-producing investment property in the Gainesville, GA / Lake Lanier corridor offering 4 completed, 100% occupied Class A condominium units PLUS 5 additional slab-ready condominium development sites in one complete package. The four completed units were built in 2023 and provide approximately 5,760 total SF, with each residence offering approximately 1,440 SF, 3 bedrooms and 3.5 bathrooms. Current rental income totals approximately $7,550 per month / $90,600 annually based on the existing rent roll. The development portion includes 5 existing basement slabs with utilities in place or stubbed to the sites. Seller represents the development sites as permitted and ready to build, with civil engineering plans and supporting development documentation available for buyer review and verification. This offering provides an opportunity to acquire immediate rental income today with the potential to expand from 4 completed units to 9 total units. The completed units offer lake views and are within walking distance of Holly Park and Lake Lanier access, with convenient access to Downtown Gainesville, shopping, dining, medical facilities and major employment centers. Ideal for multifamily investors, builders, developers, 1031 Exchange buyers, portfolio investors and buy-and-hold investors seeking income-producing real estate with development upside near Lake Lanier. Complete package offered at $1,499,900. Updated leases, rent roll, property-management financials, HOA information, permits, plans and development documentation available upon request. Buyer to independently verify permit status, utilities, governmental approvals, construction requirements and all development information during due diligence.

2451 NW Old Thompson Bridge Road, Gainesville

Listing courtesy of eXp Realty.

$239,000
2 Beds 2 Baths 10597218 MLS
Charming End-Unit Condo with Lake Lanier Views & Modern Upgrades! Featuring 2 spacious en-suites on the upper level with tons of storage. The main level boasts an open-concept great room with a cozy wood-burning fireplace, a half bath, and a laundry area for convenience. The fully finished basement provides a versatile space-use it as a third bedroom suite, media room, or playroom. Located in a peaceful, lakefront community with two swim docks, this property is just 1/4 mile from Holly Park, where you can enjoy a boat ramp, dock, beach, pavilions, grills, and picnic areas. Conveniently located near shopping, dining, Gainesville City Schools, and Northeast Georgia Medical Center.

2485 Hidden Cove Court, Gainesville

Listing courtesy of Keller Williams Realty Atl. Partners.

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