Home For Sale In Adel, Georgia

house for sale

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Listed: 01/29/24

1018 South Gordon Avenue, Adel, GA 31620, USA

Studio Bed:

30,684 Sq Ft Living Area:

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Price

$ 2M

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About This House

Solid investment for 32 doors with larger units and proven rental history in Adel, GA. 8brick buildings containing Four2BR/1BAunits each. 960 sq ft per unit consists of big bedrooms and bathroom, separate LR, dining and kitchen spaces. Walk-in closets, W/D hookups, individually metered for power / water, totally electric. Units separated by common breeze way for entry to limit neighbor noise. Sellers have updated more than 1/2 of the units with new tops, fixtures, paint, flooring, appliances, etc as needed when the units turn. Average rent is $715/month currently with all below market tenants getting bumped to $750 effective04/01/2024.Market rents trending to $800/month with units leasing up as soon as they turn. 5.24 acre site allows for plenty of greenspace … Full description

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Original listing

Adel Housing & Living

Household Income

Median household income: $29,601

Number of households: 1,901

The average household income in Adel, GA declined from $33,292 to $29,601 in the past year. This data is an estimate based upon 1,901 households in Adel, GA.
The chart below presents how household income is distributed in Adel, GA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Adel, GA compared to median property taxes around the country. The prevalent amount of property taxes in Adel, GA equals <$800 , which is more than the national average.