Carlisle Village

Karima Circle Rincon, GA 31326

  • 27,500 Square Feet
  • Multifamily-Apartment
  • For Sale

Summary Description

Carlisle Village is a custom built townhome community featuring 124 single level homes. Amenities include a gated pool, a neighborhood playground, a picnic pavilion, and well maintained landscaping. The community is located off of Fort Howard Road which intersects with Highway 21 directly in front of the newly developed ±115,000 SF Kroger Marketplace in Rincon, GA. 

This portfolio includes 25 of the 124 single level townhomes, all units are leased and are each individually ±1,100 SF. Monthly rental rates per unit ranges between $850 - $925 ($0.77/SF - $0.84/SF), the units have a stable historical rental history with very low rates of vacancy.

Total Base Rent: $277,603

NOI: $198,528

Cap Rate: 7.2%

Asking Price: $2,750,000 ($110,000 per unit)

Price: $2,750,000.00

Building Size: 27500 Square Feet

Area Available: 27,500 Square Feet

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