Historic Multifamily @ Hill Street

9 Hill Street Statesboro, GA 30458

9 Hill Street, Statesboro, GA, 30458
9 Hill Street, Statesboro, GA, 30458 9 Hill Street, Statesboro, GA, 30458 9 Hill Street, Statesboro, GA, 30458 9 Hill Street, Statesboro, GA, 30458 9 Hill Street, Statesboro, GA, 30458 9 Hill Street, Statesboro, GA, 30458 9 Hill Street, Statesboro, GA, 30458 9 Hill Street, Statesboro, GA, 30458 9 Hill Street, Statesboro, GA, 30458
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$245,000
Last Verified:
Nov 02, 2017

Highlights

  • Historical building in downtown Statesboro
  • Great location
  • Amazing Development Opportunity
  • Less than 2 miles from Georgia Southern University
  • College town with over 25,000 students each year

Description

Multifamily Development Opportunity. 2 stories with 13 rooms. High potential for generating income in the future, by renting out each room on a monthly basis. Heart of downtown Statesboro, in a college town where students are always looking for a place to live.

Located in the heart of downtown Statesboro, right off Main Street. Property sits directly behind the Bulloch County Judicial Annex, and right beside the Probation Department.


Year Built: 1900
Building Size: 18420.0sq ft
Lot Size: 0.2 acres

Map of 9 Hill Street, Statesboro, GA, 30458

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.