88 Angie Drive

McDonough, GA 30252

$5,230,000
Price
2
Beds
1
Bath
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Presenting a rare, high-yield portfolio consisting of an 8-unit apartment complex, 10 single-family homes and 4 townhomes, strategically located in prime neighborhoods. This exclusive offering provides a diversified asset mix, perfect for the savvy investor seeking exceptional returns. Each property boasts strong rental histories, high occupancy rates, very low maintenance (recently remodeled) and is situated in desirable, high-demand areas, ensuring steady cash flow and long-term appreciation. The...Presenting a rare, high-yield portfolio consisting of an 8-unit apartment complex, 10 single-family homes and 4 townhomes, strategically located in prime neighborhoods. This exclusive offering provides a diversified asset mix, perfect for the savvy investor seeking exceptional returns. Each property boasts strong rental histories, high occupancy rates, very low maintenance (recently remodeled) and is situated in desirable, high-demand areas, ensuring steady cash flow and long-term appreciation. The seller is flexible and open to selling portions of the portfolio, making this an unparalleled opportunity to acquire a solid investment in one of the fastest-growing markets. Don't miss your chance to secure this premium collection of properties – ideal for expanding your real estate portfolio or starting a lucrative venture in a highly competitive market. 10 Single-Family Homes: Located in sought-after neighborhoods, perfect for steady rental income. 4 Townhomes: Modern and well-maintained, offering great tenant retention. 8-Door Apartment Complex: A solid, high-occupancy multi-family asset in a prime location. Seller is open to selling individual properties or the portfolio in sections. This is a rare chance to capitalize on a diversified portfolio with outstanding potential for both immediate cash flow and long-term growth.
  1. Listed by Kilian Rief • Atlanta Communities • 404-655-9022

Property Details for 88 Angie Drive

Subdivision Complex
N/a
Parking Features
Parking Lot, Paved
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 10/22/2024 12:56 PM

Property Details for 88 Angie Drive

StatusActive
MLS #7460736
Days on Market47
Taxes$6,142 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1970
Lot Size0.93 AC / 40,380 SF
CountyHenry County

Building Information for 88 Angie Drive

Stories2Residences22Year Built1970Building Size-Lot Size0.93 AC / 40,380 SF

Property Information for 88 Angie Drive

Summary
Location and General Information
  • Community Features: None
  • Directions: gPS
  • Lake Name: None
  • View: Other
  • Coordinates: -84.128627, 33.439337
Taxes and HOA Information
  • Parcel Number: 10701018001
  • Tax Year: 2023
  • Association: No
  • Tax Legal Description: LLOT-153 LDIST-7
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Tussahaw
  • High School: McDonough
  • Middle School: Henry - Other
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Electric, Other
  • Heating: Forced Air
  • Flooring: Carpet
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Other
  • Fencing: None
  • Roof Type: Composition, Shingle
  • Security Features: Carbon Monoxide Detector(s)
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Level, Private
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 1
  • NUM OF UNITS: 22
Income & Expenses Information
  • Gross Annual Income: $442,248.00
  • N.O.I. $: $365,109.00
  • Annual Expenses: $77,139.00
Unit 1
  • Unit Deposit Amount: $1,797.00
  • Unit Electric Included: No
  • Unit Features: Carpeting, Dishwasher, Disposal, Dryer
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 1
  • Unit Maintenance Included: Yes
  • Unit Occupant: Avail 3-6 Months
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,797.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 88 Angie Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 88 Angie Drive

Taxable ValueLand$20,200Additions$134,720Total$154,920
Tax Record2024$6,315 ($526 / month)
Home Facts
Total Finished SqFt7,168 SqFtAbove Grade Finished SqFt7,168 SqFtStories2Lot Size40,380 SqFtStyleMulti-Family Res (5+ Units)Year Built1970Year Renovated1990CountyHENRYAPN107-01018001

Schools near 88 Angie Drive

This home is within Henry County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Tussahaw Elementary School
PublicPK to 5

Henry County Middle School
Public6 to 8

McDonough High School
Public9 to 12

EXCEL Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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88 Angie Drive is a multi-family home for sale in McDonough, GA 30252. This property was listed for sale on October 8, 2024 by Atlanta Communities, it's currently listed at $5,230,000. It has been on the market for a total of 47 days and was last sold on October 30, 2019. This listing's school district is Henry County School District. Nearby schools include Tussahaw Elementary School, Henry County Middle School and McDonough High School. 88 Angie Drive is a 2-bed, 1.5-bath, multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Atlanta Communities, Kilian Rief

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.