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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 21,584 sqft
Price per Sqft $99
MLS Listing ID 100599015
Style Wood Frame
Year Built 1991
Lot Size 1.700 Acres
Acres 1.7
Lot Dimensions 319X245
Source Hive MLS
Property Description
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.
Location
State GA
County Mcduffie
Community Other
Zoning R2
Direction From I-20, take Exit 172 (US-78/GA-17 toward Thomson/Washington) and travel south toward Thomson on Washington Road. Continue toward downtown Thomson, then turn onto Westwood Drive. The property, Seymour West Apartments, 170 Westwood Drive, will be located just off Thomson's primary retail corridor with convenient access back to I-20.
Location Details Mainland
Rooms
Basement None
Interior
Heating Other, Electric, Natural Gas
Cooling Central Air
Flooring Other
Exterior
Parking Features Parking Lot, Asphalt, Paved
Roof Type Composition
Garage No
Building
Foundation Slab
Water Public
New Construction No
Others
Tax ID 0t08a054
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
Nearby School & Business
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