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4162 & 68 Baker Street.

$2,000,000

4168 Baker Street Northeast, Covington, GA 30014

Active
Last Updated: 05/16/2023

123,559

NOI

7,120 sqft

Building Size

Details:
NOI:    $123,559
Building Size:    7,120 sqft
Lot Area:    2.07 acres
Occupancy:    100%
Units:    2
Year Built:    2007
Zoning:    OI
Floors:    1
Roof:    Composition
Heating:    Ch Ac
Cooling:    Ch Ac
Description:

The property consists of 2 condo units. One is 4,000 sq. ft and the other is 3120 sq. ft. Both are rented by well-performing tenants under long-term leases. One to a dentist and the other to a medical services company. The properties are attractive and well-maintained. Great Cash Flow (NOI $123,569) providing a CAP rate of under 6.5. 


These units are located in an upscale office complex that generally caters to the medical community.  It is located in the City of Covington, GA less than a 1/2 mile from the local branch of a large multi-facility hospital and approximately one mile from the County Administrative Buildings and Courthouse.


Great Location; Long term and well-performing tenants; Condos could accommodate a variety of different tenant uses 

Map:
Location
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