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615 Glade Fern Way - Townhomes at Cypress Ridge 1,560 SF Flex Condo Unit Offered at $5,143,999 CAD in Tifton, GA 31794
Investment Highlights
- Walkable comuunity close to the amenities of town, schools, and medical care
- POA to protect investment
- Growing area with new development
Executive Summary
Investors pay attention! 18 townhomes for sale at Cypress Ridge. 3 units built in 2008, 1 unit built in 2013, 4 units built in 2014, 7 units built in 2016, 3 units built in 2018. Units consist of 3 bedrooms with the master suite on the main floor, along with a half bath and open concept living area and kitchen. 2 guest rooms and a guest bathroom upstairs. Mandatory POA membership. Cypress Ridge covenants apply. Total monthly income $22,100. Private Remarks:
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange, Bulk/Portfolio Sale |
| No. Parking Spaces | 36 | APN/Parcel ID | T074 104 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 36 |
| Sale Conditions | 1031 Exchange, Bulk/Portfolio Sale |
| APN/Parcel ID | T074 104 |
Description
3 bed, 2.5 bath condo with master suite on the main floor. Two guest bedrooms and full bath upstairs. Hardiplank exterior, landscaped lots, mandatory POA.
Sale Notes
Excellent cash flow opportunity for an invester. Instant ROI with full occupancy..
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 18 | 1,560 SF | Flex | $5,143,999 CAD ($3,297.44 CAD/SF) | - |
Unit 18
| Unit Size |
| 1,560 SF |
| Condo Use |
| Flex |
| Price |
| $5,143,999 CAD ($3,297.44 CAD/SF) |
| NOI |
| - |
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Unit 18
| Unit Size | 1,560 SF |
| Condo Use | Flex |
| Price | $5,143,999 CAD ($3,297.44 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 36 |
| Sale Conditions | 1031 Exchange, Bulk/Portfolio Sale |
| APN/Parcel ID | T074 104 |
| Description | |
| 3 bed, 2.5 bath condo with master suite on the main floor. Two guest bedrooms and full bath upstairs. Hardiplank exterior, landscaped lots, mandatory POA.</li></ul> | |
| Sale Notes | |
| Excellent cash flow opportunity for an invester. Instant ROI with full occupancy..</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 77,607 SF | Floors | 2 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 14,040 SF |
| Property Subtype | Apartment | Year Built | 2016 |
| Building Class | C | Lot Size | 0.80 AC |
| Total Building Size | 77,607 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 14,040 SF |
| Year Built | 2016 |
| Lot Size | 0.80 AC |
Amenities
- Smoke Detector
Site Amenities
- Clubhouse
- Picnic Area
- Playground
- Pool
- Pond
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 18 | $1,807 CAD | 1,560 |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
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Street
Map
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615 Glade Fern Way - Townhomes at Cypress Ridge
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