2447 Nw Old Thompson Bridge Road, Gainesville, Georgia 30501

Exceptional Lake Lanier income-producing investment opportunity in Gainesville, GA featuring 4 fully completed, 100% occupied Class A condominium units with strong in-place cash flow and built-in rent growth potential. Current rental income is approximately $90, 600 annually ($7, 550/month) based on the current rent roll, with an estimated NOI of approximately $80, 436 and an estimated 6.24% cap rate at the current list price of $1, 290, 000. Current unit rents are $2, 000, $1, 750, $1, 800, and $2, 000/month. Leases include renewal provisions allowing for potential rent increases of up to 40%, providing additional upside potential as tenants renew, subject to market conditions and buyer verification. Each unit offers approximately 1, 440 SF with 3 bedrooms and 3.5 bathrooms, featuring modern construction (2023), functional floorplans, and low-maintenance ownership appeal for long-term investors. The property is within walking distance to Holly Park and offers lake views from the condominium units, enhancing tenant appeal and long-term rental demand. Conveniently located minutes from Lake Lanier, Gainesville retail corridors, dining, medical facilities, and major employment centers, this property offers a rare combination of stabilized income, strong rental demand, and future rent growth potential in one of North Georgia’s fastest-growing lake-area markets.