GA
Hall
Gainesville
30501
535 Forrest Ave Ave
535 Forrest Ave Ave, Gainesville, GA 30501
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Listing Type
Multi Family
Listing Status
Active
6
$2,400,000

Home Details for 535 Forrest Ave Ave

Price
$2,400,000
Type
Residential Income
Year built
1978
Lot size acres
0.63
County
Hall
Garage
10
Basement
None
MLS Listing#
10721645
Property Description

Introducing 535 Forrest Avenue, "The Bradford," a rare opportunity to acquire a fully stabilized, income-producing multifamily asset in the rapidly growing Gainesville market. This approximately 10,800-square-foot property consists of nine well-designed residential units with an ideal mix of two- and three-bedroom floor plans, catering to strong tenant demand in the area. The property is currently operating at 100% occupancy with rents averaging approximately $1,750 per month, delivering immediate and consistent cash flow from day one. Originally built in 1978 and extensively renovated in 2016, the asset offers modern interiors, including stainless steel appliances and updated finishes, positioning it competitively within the market. Strategically located on a 0.63-acre site near downtown Gainesville, the property benefits from proximity to major employment centers, retail, dining, and schools, further supporting long-term rental stability. On-site parking and functional layouts enhance tenant retention and overall asset performance. With strong in-place income, full occupancy, and continued rental demand in the submarket, The Bradford presents investors with a turnkey opportunity and clear upside potential through rent growth and operational efficiencies. This is an ideal acquisition for investors seeking a high-performing asset in a proven North Georgia rental corridor.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Utilities
    • Other
  • Basement
    • None
School Information
School Information for 535 Forrest Ave Ave, Gainesville, GA 30501
Elementary School
Centennial
Middle School
Gainesville East
High School
Gainesville
Listing Courtesy: Resource Brokers, LLC - 678-696-8410
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Market statistics compiled from data from Georgia MLS.
EXIT FOR SALE REALTY
254 W. Franklin St., Hartwell, GA 30643
Office
706 377 2525
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