Incredible Lakeside Investment
3854 Bills Circle, Gainesville, GA 30506

Features:
  • 14 Rental Units on Parcel
  • 779 feet of Lake Lanier Frontage
  • Convenient to Gainesville
  • See PROPERTY WEBSITE Quick Links FOR PROPERTY DOCUMENTATION
  • MLS# LoopnNet # 19376364
Additional Information
Cap Rate: 10% Zoning: 009/AR3
Remarks:

This multifaceted parcel offers lots of future potential.  On just over 9.73 acres, there are currently 14 residential rental units.  Approximately 780 feet of Corps of Engineers frontage on Lake Lanier.  The entire project nets approximately a 9% Net Annual Return to the Investor.  Convenient to Gainesville.


The parcel also has a recorded plat for a 16 lot lakeside subdivision as an exit strategy from the current use.  Community Dock is also in place in a deepwater location on the lake.  Parcel could also be divided into estate sized lots for luxury homes.

$1,000,000
 Quick Links
 » PROPERTY DOCUMENTATION
 » Request More Info
 » Schedule a Viewing
 » View Map
 » Satellite Photo
 » Take an Area Tour
 » Local Schools
 » Email This Listing
 » Print Flyer
 » Property Feedback
 » Hall County Website
 » Greater Hall Chamber of Commerce Website
David Stovall
Director Commercial Sales

770.595.0702 (Cell)
770.718.5111 (Office)


Contact Me
Visit My Website
View My Other Listings
About David

The Norton Agency
434 Green Street
Gainesville, GA 30501

770.718.5111

Ga. Lic. # 346790, NC Lic. # 272950, TN Lic. #00324229
© 2017 Properties Online Inc., Patent No. US 6,760,707. The above information including square footage is based on data received from the seller and/or from public sources. This information is deemed reliable but has not been independently verified and cannot be guaranteed. Prospective buyers are advised to verify information to their own satisfaction prior to purchase. By providing links to other sites Properties Online Inc. does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to the agent, brokerage, brand or Properties Online Inc.. Powered by ListingDomains.com.