Description
2279 Columbia Dr is a high-performing rental with in-place tenants generating strong cash flow at a 10% cap rate (approximate based on $2600-2700 monthly NOI). Decatur is a growing market with strong rental demand, and this location offers easy access to highways 20 and 285. The home is recently updated to maximize rental value. As a corner lot, it has potential pull behind driveway expansion possibilities. Past financials and pro-forma projections available in documents on Matrix. DO NOT DISTURB TENANTS. No showings until under contract to protect the privacy of the tenants. Investor-owned, no seller property disclosures provided.
-
4BEDS
-
0.35ACRES
-
2BATHS
-
01/2 BATHS
-
1,946SQFT
-
$164$/SQFT
School Information
Description
2279 Columbia Dr is a high-performing rental with in-place tenants generating strong cash flow at a 10% cap rate (approximate based on $2600-2700 monthly NOI). Decatur is a growing market with strong rental demand, and this location offers easy access to highways 20 and 285. The home is recently updated to maximize rental value. As a corner lot, it has potential pull behind driveway expansion possibilities. Past financials and pro-forma projections available in documents on Matrix. DO NOT DISTURB TENANTS. No showings until under contract to protect the privacy of the tenants. Investor-owned, no seller property disclosures provided.
Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 First Multiple Listing Service, Inc. Data last updated 2024-12-12T00:04:20.76. For issues regarding this website, please contact BoomTown.