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$1,199,999
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 rental income is approximately $90,600 annually ($7,550/month) based on the current rent roll, with an estimated NOI of approximately $80,436 and an estimated 6.24% cap rate at the current list price of $1,290,000. 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.

$1,799,999
10714666 MLS
Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually based on the existing rent roll. The property offers lake views from the condominium units and is within walking distance of Holly Park and minutes from Lake Lanier, shopping, dining, medical facilities, and major employment centers, making it an attractive long-term investment in one of North Georgia's fastest-growing markets. An additional opportunity is available to purchase five slab-ready condominium sites separately or in combination with the completed units. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, providing the potential to expand the existing rental portfolio. The four completed condominium units, the five slab-ready condominium sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.

2451 NW Old Thompson Bridge Road, Gainesville

Listing courtesy of eXp Realty.

$254,000
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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