Views - Golf Course
Address
25 Eastview Circle, Greensboro, GA
Price
$ 1,810,000
Property Attributes
  • MLS#7325219
  • TypeMulti-Family
  • CountyGREENE
  • CityGreensboro
  • NeighborhoodDowntown Greensboro
  • Zip30642
  • Style
  • Year Built1985
  • Taxes$ 2722
  • Price$ 1,810,000
  • Bedrooms24
  • Full Bathrooms24
  • Half Bathrooms0
  • Lot Size2.45 Acres
Data Source:
First Multiple Listing Services (FMLS)
Property Description

Keller Knapp Realty is pleased to offer this unique opportunity to acquire a 2.45-acre, 24 Unit Multifamily Property located at 25 Eastview Circle, Greensboro, GA 30642, also known as Eastview Apartments of Greensboro, GA. (16) x 2-bedrooms, (8) x 1-bedrooms Units, in 4 buildings, plus a stand alone office and storage building. Ample resident and guest surface parking centrally located by each unit. The property is located in Greene County in the rapidly growing City of Greensboro, “Lake Oconee’s Hometown”, just north of Interstate I-20 halfway between Atlanta & Augusta. The Property is fully leased, experienced USDA compliant property management in place. Existing waiting list for residents is substantial and properly maintained. A recent and full appraisal report and complete property condition report is available for qualified buyers to review. The Property is Zoned RM Multi Family Residential District for high density residential use. This district is designed to accommodate open space, convenience services, and community facilities needed for high density living. It is close to vibrant shopping, dining and entertainment districts with strong employment demand due to Lake Oconee tourism and golf, the Ritz Carlton Resort and the future Airabella mixed use development. The Interstate I-20 corridor has attracted significant employers such as Rivian Motors, SKC Semiconductors, Battery Resources, Lidl Manufacturing. Greene County with around $1 Billion in GDP ranks #77 in Georgia by GDP. The average household income in Greene County in 2023 was $118k expecting to rise to $132k in 2028 an increase of 12%. KEY DISCLOSURES: This property is available for sale to Not-For-Profit organizations and public agencies only through July 31, 2024. The entire property is currently part of the USDA Rural Development Rental Assistance program. Any and all prospective buyers must commit to a USDA Restrictive Use Provision that would run with the land. The provision would continue to offer all units as affordable housing for all residents with rental restrictions and would not allow any involuntary displacement of current residents. Favorable financing with as low as 1% interest on loans may be available. Based on funding availability, USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent Rental Assistance and interest credit assistance that reduces the loan note interest rate to one percent. This institution is an equal opportunity provider and this is an Equal Housing Opportunity. Local Not-For-Profit organizations and public agencies have priority over regional and national Not-For-Profit organizations and public agencies during the sale of this property.

Elementary School Middle School High School
Greensboro Elementary School Anita White Carson Middle School Greene County High School
Price History
1/16/2024 Listed $1,810,000

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Electricity Available,Sewer Available,Underground Utilities,Water Available
Possession Close Of Escrow
Roof Composition
Security Features None
Construction Materials Brick 4 Sides,Brick Veneer
Year Built 1985
View City
Levels Two
Property SubType Other
Tax Year 2023
Gross Income 177840
Waterfront Features No
Community Features None
Accessibility None
County Greene - GA
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Downtown Greensboro
Green Energy Generation None
Status Active
Directions GPS Friendly to 25 Eastview Circle,Greensboro,GA 30642,behind the NAPA Auto parts,across from the YMCA
High School Greene County
City Greensboro
Body of Water None
Total Units 24
Street Name Eastview
Elementary School Greensboro
Property Attached Y/N No
Tax Annual Amount 2722
Home Warranty Y/N No
Middle/Junior High School Anita White Carson
Property Condition Resale
Days on Market 2
Standard Status Active
Occupancy Description Tenant
Tax Lot n/a
Legal Description SCHOOLHOUSE ST

Interior Features

Window Features Double Pane Windows
Street Suffix Circle

Exterior Features

Fencing None
Parking Features Parking Lot
Lot Features Other
Water Source Public
Total Parking 2
Lot Dimensions 290 x 400
Lot Size Acres 2.45
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 30642

Statistics provided by Inside Real Estate

Price
AVG $1.18M
$1.81M
Taxes
AVG $2,399
$2,722
Visits
AVG 131
113
Data Provided by Inside Real Estate®
Year Built
AVG 1989
1985

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