5 units same UNIV OF GA neighborhood. 11% cap $450k cash practically turnkey

[Jack Tucker]

OFF MARKET

Monthly Rent $5,675.  Large, spacious units for young professionals, grad students, college staff, etc. 15 bedrooms, 11.5 bathrooms 8771 sft total in upscale 5-Points Condos.

Nice neighborhood close to University of Georgia in Athens GA.

Priced well under market and cash flowing nicely. Most are rented up through Aug 2016.

Owner is liquidating some of his easiest properties due to an apartment building opportunity that he has under contract.  Turnkey existing professional PM available at 10%.