Another great opportunity brought to you by Parks Unlimited. A 77 lot community, approx 40 acres, located in Adel Ga. Just minutes from Interstate 75 in south Georgia.
This area is hot!
Do not miss out on this opportunity!
77 lots located just minutes to I-75S.
13 Mins to Super Walmart
22 minutes from Tifton Ga.
Population within a 25 mile radius of Adel is 726,735
http://www.freemaptools.com/find-population.htm
Most homes have 200 amp services
77 lots 36 POH, 4 TOH, 8 rehab homes, 29 Vacant lots.
Individual services
Gross collections around $187,560
One septic tank per lot, sandy soil, great for septic lines.
Three deep wells.
Built in the 80s
9 cap value is $1.042M
Estimated 40% expenses
Water and septic at every lot.
County roads
Rent ranges from $400 to $600 per month
All utilities are direct billed
29 vacant lots ready for homes
For more info, click here. https://www.dropbox.com/sh/z5u3vpxg6fbgtip/AAAukglKE_GKaNX-Q77b08aDa?dl=0
Information contained in this document has been obtained from sources believed to be reliable and accurate, It has not been verified and makes no guarantee, warranty or representation regarding it. It is the potential buyers responsibility to independently confirm the accuracy and completeness of property information. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The information contained herein should be independently determined or confirmed and evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
