Adel

Bite-sized investment opportunity to buy two single-family rental homes in small but mighty town of Adel / Cook County GA.  309 Wayne Street E is a 3 bedroom / 1 bath home rented to a long term tenant at $850/month.  729 Seventh Street W is also a 3 bedroom / 1 bathroom currently being turned and will be rent-ready by 05/01/2025 advertised as available for $795/month.  Priced at only $75/sq ft at an 8.5% capitalization rate with 35% operating expense factor!!!  This 2 home package is part of a larger portfolio of 15 similar single family homes and can be bought alone or with combinations of other packages broken out of the 15 total homes listed FOR SALE.  See MLS #s 144577, 144580, & 144582 for smaller packages.

South Georgia MLS (Valdosta)

COLDWELL BANKER PREMIER REAL E

OTHER

MULTIFAMILY

ACTIVE

Georgia

Multi Unit - Adel, GA

Cook County School District

Cook County High School

GENERAL_HIGH_SCHOOL

Cook Primary School

GENERAL_ELEMENTARY_SCHOOL

Wayne - Seventh Adel, GA 31620

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