The Palmer
Single Family
4
2.5
2132
Sqft
2012
$293,000
Purchase Price
$1,895
Rent / Mo
0%
Refinance Candidate
Property Leverage
About
The Palmer is a beautiful 4 bedroom, 2.5 bathroom home in Augusta, GA. The home features a large great room that opens up to the kitchen. The large kitchen includes updated granite countertops. Each bedroom is spacious with its own closets. The primary bedroom features high ceilings, remote control ceiling fans, and a walk-in closet. In the attached primary bathroom, residents will enjoy a vanity, garden tub, and a separate shower with a glass enclosure. The Palmer is conveniently located near Ft. Gordon for an easy commute.
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.
Rented
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 Gordon 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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100%
Funded
678
Investors
$347,200
Invested