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25 Eastview Circle, Greensboro, GA 30642
$1,810,000
25 Eastview Circle, Greensboro, GA 30642View this property at 25 Eastview Circle, Greensboro, GA 30642
25 Eastview CircleGreensboroGA30642
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Property Description
Keller Knapp Realty is pleased to offer this unique opportunity to acquire a 2.45-acre, 24 Unit Multifamily Property located at 25 Eastview Circle, Greensboro, GA 30642, also known as Eastview Apartments of Greensboro, GA. (16) x 2-bedrooms, (8) x 1-bedrooms Units, in 4 buildings, plus a stand alone office and storage building. Ample resident and guest surface parking centrally located by each unit. The property is located in Greene County in the rapidly growing City of Greensboro, aLake Oconeeas Hometowna, just north of Interstate I-20 halfway between Atlanta & Augusta. The Property is fully leased, experienced USDA compliant property management in place. Existing waiting list for residents is substantial and properly maintained. A recent and full appraisal report and complete property condition report is available for qualified buyers to review. The Property is Zoned RM Multi Family Residential District for high density residential use. This district is designed to accommodate open space, convenience services, and community facilities needed for high density living. It is close to vibrant shopping, dining and entertainment districts with strong employment demand due to Lake Oconee tourism and golf, the Ritz Carlton Resort and the future Airabella mixed use development. The Interstate I-20 corridor has attracted significant employers such as Rivian Motors, SKC Semiconductors, Battery Resources, Lidl Manufacturing. Greene County with around $1 Billion in GDP ranks #77 in Georgia by GDP. The average household income in Greene County in 2023 was $118k expecting to rise to $132k in 2028 an increase of 12%. KEY DISCLOSURES: This property is available for sale to Not-For-Profit organizations and public agencies only through July 31, 2024. The entire property is currently part of the USDA Rural Development Rental Assistance program. Any and all prospective buyers must commit to a USDA Restrictive Use Provision that would run with the land. The provision would continue to offer all units as affordable housing for all residents with rental restrictions and would not allow any involuntary displacement of current residents. Favorable financing with as low as 1% interest on loans may be available. Based on funding availability, USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent Rental Assistance and interest credit assistance that reduces the loan note interest rate to one percent. This institution is an equal opportunity provider and this is an Equal Housing Opportunity. Local Not-For-Profit organizations and public agencies have priority over regional and national Not-For-Profit organizations and public agencies during the sale of this property.
Full Property Details
Full Property Details for 25 Eastview Cir
General
- Price: $1,810,000
- Taxes: $3,051 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 10241734
- Updated: 1/30/2024
- Added to Site: 103 day(s) ago
Business
- Includes: Building & Land, Business & Building & Land, Equipment
Interior
- Flooring: Carpet
Location
- County: Greene
- Driving Directions: GPS Friendly to 25 Eastview Circle, Greensboro, GA 30642, behind the NAPA Auto parts, across from the YMCA
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Utility Description: Electricity Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- Construction Status: Resale
- Roof: Composition
- Square Feet: 20,585
- Sq. Ft. Source: Public Records
- Year Built: 1985
Lot Features
- Lot Size (Acres): 2.45
- Lot Size Range: 2.45
- Lot Size Source: Public Records
- Lot Description: City Lot
Financial Considerations
- Price Per Sq. Ft.: $88
- Tax Amount: $3,051.53
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Covenants/Restrictions
Listing Courtesy of: Keller Knapp, Inc
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Schools
Schools serving 25 Eastview Cir
School District:Greene County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1002 S Main St, Greensboro, GA 30642 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 25 Eastview Cir
Date
Details
Price
Change
Source
1/16/2024
Listed
$1,810,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 25 Eastview Cir
25 Eastview Circle, Greensboro, GA 30642 (MLS# 10241734) is a Commercial property. 25 Eastview Circle is currently listed for $1,810,000 and was received on January 16, 2024. Want to learn more about 25 Eastview Circle? Do you have questions about finding other Commercial real estate for sale in Greensboro? You can browse all Greensboro real estate or contact a Coldwell Banker agent to request more information.