170 Westwood Dr, Thomson, GA 30824

$2,150,000

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List Price
$2,150,000
Status
ACTIVE
MLS#
100599015
Days on Market
15
Year Built
1991
Acres
1.70
Neighborhood
Other

Property Description

Meybohm Commercial is proud to exclusively present, Seymour West, 24-unit multifamily investment opportunity, 100% occupied, located in Thomson, Georgia, just 35 miles west of Augusta. This asset offers immediate cash flow with a strong occupancy history and a diverse unit mix that appeals to a broad tenant base. The community consists of 3 buildings with 16 two-bedroom, 2 bath units, 4 two-bedroom, 1.5 bath units, and 4 one-bedroom, one-bath units. Several units have been updated, providing an attractive living environment for residents while reducing future capital improvement needs. Current rents range from $725 to $1,000 per month, generating $20,775 in monthly rental income, with the added benefit of additional monthly revenue from the community laundry facility featuring shared washer and dryer units. Property is currently managed by a local management company. Conveniently located near Interstate 20 and close to downtown Thomson, the property offers a desirable location for those who live and work in the area or who maybe traveling to Augusta, Fort Gordon, and surrounding employment centers. The combination of stable occupancy, multiple income streams, and continued rental demand makes Seymour West Apartments an excellent opportunity for investors seeking reliable cash flow and long-term appreciation.

Additional Information

Cooling
Central Air
Heating
Other, Electric, Natural Gas
Foundation
Slab
Roof
Composition
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Meybohm Commercial Properties.

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