Courtesy: Performance Real Estate Services
David Shouse
404-391-5445
100% Leased Investment Property - Ideal for 1031 Exchange Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio. Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations Total Annual Net Operating Income (NOI): $49,950.00 All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.
Fairmount is located in Georgia. Fairmount, Georgia has a population of 1,175. Fairmount is less family-centric than the surrounding county with 19.93% of the households containing married families with children. The county average for households married with children is 29.85%.
The median household income in Fairmount, Georgia is $57,000. The median household income for the surrounding county is $50,520 compared to the national median of $69,021. The median age of people living in Fairmount is 29.4 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 29.8 degrees. The average rainfall is approximately 52.7 inches per year, with 1.5 inches of snow per year.
