Exciting development opportunity for MULTI-FAMILY, APARTMENTS, and TOWNHOMES! While presently zoned RA and R-3, with the Future Land Use Plan (Henry 2045), enacted in September 2023, this property qualifies for the Urban Residential zoning category, allowing for a multi-family density of 4 to 30 dwelling units per acre. Public water and sewer are readily available! Situated in a prime McDonough location close to shopping, this property offers a unique opportunity for development. Check out the link below for the new Future Land Use Ordinance, where the subject property is highlighted as Urban Residential on page 94 of the color-coded map. Don't miss this opportunity to explore the full potential of this prime development space! Pictures coming soon! The seller will agree to sell a portion of this property as a negotiated agreement as long as buyer secures their needed zoning themselves. Please note that the lease on the existing cell tower has already been sold. A permanent easement for the tower site remains intact. This property includes three parcels: 091-01013000, 091F01041002, and 091-01014002 To view the Future Land Use Ordinance, visit: https://drive.google.com/file/d/1-fCd0ryMSseguVMJsBMFY44nlGkHhXX3/view?usp=sharing
Presenting a rare, high-yield portfolio consisting of an 8-unit apartment complex, 10 single-family homes and 4 townhomes, strategically located in prime neighborhoods. This exclusive offering provides a diversified asset mix, perfect for the savvy investor seeking exceptional returns. Each property boasts strong rental histories, high occupancy rates, very low maintenance (recently remodeled) and is situated in desirable, high-demand areas, ensuring steady cash flow and long-term appreciation. The seller is flexible and open to selling portions of the portfolio, making this an unparalleled opportunity to acquire a solid investment in one of the fastest-growing markets. Don't miss your chance to secure this premium collection of properties Co ideal for expanding your real estate portfolio or starting a lucrative venture in a highly competitive market. 10 Single-Family Homes: Located in sought-after neighborhoods, perfect for steady rental income. 4 Townhomes: Modern and well-maintained, offering great tenant retention. 8-Door Apartment Complex: A solid, high-occupancy multi-family asset in a prime location. Seller is open to selling individual properties or the portfolio in sections. This is a rare chance to capitalize on a diversified portfolio with outstanding potential for both immediate cash flow and long-term growth.
EXTRAORDINARE OPPORTUNITY to Own a TRULY UNIQUE FOUR-INCOME PRODUCING PROPERTY along with a HIGHLY POTENTIAL 5th UNIT currently 70% constructed. All on 4.42 gated, private acres just 2 miles from I-75 and with all the conveniences of shopping/restaurants/parks, etc. McDonough has to offer. This is truly a NO BRAINER! The Central Unit is a Triplex consisting of three very different floorplans. Unit #1 is a 1/1 single story. Unit #2 is a 2/2 with one bedroom on the main and one in basement below. Unit #4 (part of Triplex) is a 2 story 3/2 with a two car garage, small separate gym, a covered porch with fireplace and all Appliances are 2 years old or newer. The Triplex is also partially powered by owned solar panels. The fourth unit (Unit #3) is a 2/2.5 SFR with a two car carport and separately metered. Besides the covered parking, there is plenty of paved parking for all the units to use. The fifth unit is still under construction yet will be beautiful when completed. Could be Investor occupied (has it's own separate entrance and driveway) or another IPP. Could be completed as its intended 2/2.5 or possibly a 3/2.5. If you're not sold already, much of the acreage has yet to be developed with potential future additional income producing possibilities. A must see for a savvy investor!
Sitting on 3 acres, this elegant property is just what you've been looking for. This modern colonial home holds infinite potential for the right buyer! From the charming roundabout driveway, to the luxury primary that sits on the main floor, or the massive separate garage for large trucks and RV's. Don't miss out your opportunity to take advantage of this deal! '
McDonough is located in Georgia. McDonough, Georgia has a population of 28,574. McDonough is less family-centric than the surrounding county with 31.87% of the households containing married families with children. The county average for households married with children is 32.97%.
The median household income in McDonough, Georgia is $73,215. The median household income for the surrounding county is $73,491 compared to the national median of $69,021. The median age of people living in McDonough is 31.1 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 49 inches per year, with 1 inches of snow per year.