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3971 Hidden Hollow DR Gainesville, GA 30506
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Key Details
Sold Price $1,870,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Hidden Hollow
MLS Listing ID 6833808
Sold Date 03/26/21
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 2002
Annual Tax Amount $15,912
Tax Year 2019
Lot Size 0.340 Acres
Acres 0.34
Property Description
This is an outstanding 11 door assemblage. Each separately deeded property is a very short distance from Lake Lanier and surrounded by million plus dollar homes. These properties have nearly new roofs and gutters (10/2020) all with 50 year transferrable warranties. 9 of 11 units have had new heat pumps installed from 6/2019-6/2020. Current rents are well below market and this still comes in just below a 6% cap. Cap Ex will likely be extremely low for the foreseeable future and appreciation looks very favorable. No showings until the Due Diligence period. Units are 3971, 3973, 3975, 3977, 3979, 3981, 3989, 3991, 3993, 4007, 4009 Hidden Hollow Drive.
Location
State GA
County Hall
Area 262 - Hall County
Lake Name None
Interior
Heating Heat Pump
Cooling Heat Pump
Window Features None
Exterior
Parking Features Attached, Garage, Level Driveway
Fence Privacy
Community Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 2
Building
Lot Description Level
Story One
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Brick Front
New Construction No
Construction Status Resale
Schools
Elementary Schools Sardis
Middle Schools Chestatee
High Schools Chestatee
Others
Senior Community no
Tax ID 10098 000122
Special Listing Condition None
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Bought with Keller Williams Realty Atlanta Partners