4162 & 68 Baker Street.

4168 Baker Street Northeast, Covington, GA

$2,000,000

Price

$123,559

NOI

7,120 sqft

Building Size

Overview
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 


Location
Gallery