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Investment Highlights

  • Low maintenance properties with high occupancy

Executive Summary

5-unit residential package offering four 2BR/2BA duplex units, one 3BR/2BA single-family residence, and one vacant residential lot located together along S. Thomas Street, within walking distance of downtown Elberton.
Fully occupied income-producing portfolio
Adjacent parcels create operational efficiency and long-term flexibility
Brick construction on concrete slabs with single-story layouts
Walk-able location near downtown Elberton restaurants and services
Strong rental demand with minimal vacancy days across four total unit turns over six years
Vacant lot provides future infill, parking, expansion, or long-term land option
Seller holds an active GA real estate license

Property Facts

Price $978,894 CAD
Price / SF $187.89 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 5.78%
Sale Type Investment or Owner User
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 5,210 SF
Total Land Area 0.72 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
246 S Thomas St, Elberton, GA 30635 Multifamily 2,080 SF 2004 -
250 S Thomas St, Elberton, GA 30635 Multifamily 2,080 SF 2005 -
258 S Thomas St, Elberton, GA 30635 Multifamily 1,050 SF 2007 -
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  • Listing ID: 41350811

  • Date on Market: 2026-07-18

  • Last Updated:

  • Address: Elberton Residential Property Portfolio, Elberton, GA

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