The Fenwick
Single Family
4
2.5
2100
Sqft
2019
$300,000
Purchase Price
$1,995
Anticipated Rent / Mo
0%
Refinance Candidate
Property Leverage
About
The Fenwick is a 4-bedroom, 2.5-bathroom residence nestled in the sought-after Grovetown, GA. With its open floor concept and charming formal dining room, this home is both cozy and elegant The kitchen features a spacious dining area, granite countertops, custom cabinets, a stunning backsplash, a smooth top range, and a vented microwave. Hardwood floors are throughout. The great room is a focal point, boasting a fireplace with stacked stone and French doors that lead to the covered rear porch, creating a seamless indoor-outdoor living experience.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Approved rental application
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Augusta, GA
Augusta is the second-largest city in Georgia, with a population of over 200,000. The city's economy is driven by a mix of industries, including healthcare, education, manufacturing, logistics, and military. Its major employers include the Augusta University and Health System, Fort Eisenhower military base, Textron, and Kimberly-Clark. Augusta's rich history has made it a major tourist destination, with over 2.7 million visitors annually. Its major landmarks include the Augusta Canal National Heritage Area, the James Brown Arena, and the historic downtown district. It is also known for its world-class golf courses, including the Augusta National Golf Club, which hosts the annual Masters Tournament, one of the most prestigious golf events in the world. With a strong economy, diverse industries, and rich cultural heritage, Augusta is an attractive market for businesses, families, and real estate investors.
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$355,220
Invested
100%
Funded
774
Investors