10 renovated duplexes-together-$12650 per month rents (Athens Ga) $1235000

Richard Bennett | Hendley & Associates | 706-548-3045 Jockey Club Drive, Athens, GA 10 duplexes together side by side in One of Athens best rental areas. Fully leased to good tenants. Multi-Family, 20 units offered at $1,235,000 Year Built 1978 Sq Footage 12,800 Floors 0 Parking Uncovered spaces Lot Size 5 acres Maint $500 per month

DESCRIPTION These pampered low maintainence properties need nothing. Rents of $12,650++ per month will make you happy you invested in one of the best top 10 everything towns in America: Athens Ga. All units have been renovated and done right-no corner cutting! 5 minutes to Downtown and UGA. Priced BELOW tax values. REDUCED 45k. Owner/agent

PGI $151,800 EFI $131,431 NOI $88,320

see additional photos below PROPERTY FEATURES Nicely renovated properties on well landscaped yardsGood management in placeAll low maintance exteriorsTownhouse is also legal condo

LOCATION FEATURES Excellent area one block from SE park (125acre) park with kidscape and petscape areasThis subdivision is totally surrounded by nice Residential homes 140-300k.5 mile to Super Walmart and on the buslineOwn your own 6 building cul-de-sacRARE cul-de-sac subdivision-Only one way in and out-No drive thru traffic

OTHER SPECIAL FEATURES 14 different style buildings that look more like houses than duplexes. Not a cookie cutter subd.Underground utilitiesOwner has renovated 75% of subdivisionAll 10 properties are connected-very RARE and hard to find

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Photo 3 Contact info: Richard BennettHendley & Associates706-548-3045For sale by agent/broker

Equal Opportunity Housing Posted: Feb 25, 2009, 2:09pm PST