2091 Highway 138 Hwy

Jonesboro, GA 30236

Are you looking for a great, turnkey investment to add to your portfolio? This package sale of 5 duplexes representing 10 units on 5 acres fronting Georgia Hwy 138 in Jonesboro is a must see! Convenient to I-75 at just 3 miles away, this property has over 300' of Hwy 138 frontage to the south and over 400' of frontage along Fielder Road to the north. Its also convenient to the Atlanta International Airport at just 20 minutes and downtown Atlanta in less than 30 minutes. Nine of 10 units are occupied and seller offers these properties with a property manager in place if desired who handles the tenants and maintenance making this investment turnkey and ready to add to your portfolio. Seller wants to keep good tenants happy for the next buyer and minimize disturbances so please do not contact tenants or enter the property. Showings and inspections may be handled during the due diligence. All tenants presently in place moved in prior to the significant rental increases and as such pay lower rent than market. Average rent is $850 and tenants are due for an increase as the new owner wishes. One unit is currently being renovated and is expected to rent for 1300 to 1400 monthly based on the current market. All buildings are 4 sided brick, 2 bedroom, 1 bath. Some duplexes offer covered parking. There is also a detached garage on the property, separate from the Duplexes available for owner storage. Property may be subdivided to yield 3 additional buildable lots. With its immediate neighbors as commercial businesses and highway frontage, this property has commercial potential. This attractive property and its highly visible location provides a steady flow of new tenant applicants as a unit becomes available. Property receives regular maintenance but is offered as is. All information provided is deemed reliable but not guaranteed. Kevin Cox is a real estate licensee under the law of Georgia and is acting as principle in this transaction.