*Weekly Spotlight* Golden Isles Town Homes. Investment Opportunity!
Investment! Income producing rental unit! Newly renovated with a high rate of occupancy! Commercial property in Georgia with an established record of profit is certainly something to take note of. With hundreds of avenues to choose from and "how to make a quick buck" plastered on every magazine cover, it's hard to select the most lucrative, secure investment these days. Look no more. This week's spotlight property is the Golden Isles Town Homes multi-family apartment complex. It was just recently renovated and in a great location in the coastal community of Glynn County, Ga. This income producing rental facility includes six free standing two story buildings, each offering 5,587 sq ft, with a gross heated sq ft of 33,522 for 36 total units. Each unit provides 931 sq ft of renovated living space to include a living room, dining room and kitchen on the first floor, and two bedrooms and one bath on the second floor. The interior has been updated with universal paint color, carpet, tile flooring, appliances, and central heat and air. The exterior amenities include concrete block walls on the first floor with vinyl siding on the second floor and a concrete block foundation throughout. Additional improvements include 24 sq ft open front porches and 100 sq ft patio of each unit, along with a 1,000 ft of 6' high vinyl and picket fencing, 10,000 sq ft of asphalt parking and 1,200 sq ft of concrete walkways, as well as nice landscaping all strategically placed on 1.22 acres. The unit's location is near prominent facilities in the eastern Brunswick area including the regional medical center, malls, restaurants, beaches, schools, grocery stores, and entertainment centers. The rate of occupancy generally maintains 90% and is a fully functioning, income producing, profitable facility. Great opportunity and investment! Invest in what lasts.
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