Twin Gables #1 offers 9 units on 2.21 acres m/l and is fully $765,000

Lot For Sale near Norfork Lake

Twin Gables #1 offers 9 units on 2.21 acres m/l and is fully leased out with long term tenants. Located in Gamaliel this opportunity is immediately income producing. The property includes two duplexes and five single structures. Unit 1: 1 bedroom, bath - 725 sq ft, unit 2: 2 bedroom, 1 bath - 725 sq ft, unit 3: 2 bedroom, 1 bath - 650 sq ft, unit 4: 2 bedroom, 1 bath - 320 sq ft, unit 5: 4 bedroom, 2 bath - 1500 sq ft; unit 6: 2 bedroom, 1 bath - 308 sq ft, unit 7: 1 bedroom, 1 bath - 650 sq ft, unit 8: 1 bedroom, 1 bath - 750 sq ft, unit 9: 2 bedroom, 1 bath - 750 sq ft. All electric with well & septic. Several buildings have new metal roofs. Laundry facilities on site. Some units have been remodeled.