3 residential unit investment opportunity in Effingham County, GA. Located on Old Louisville Road, Hwy 17 North, offers 3 individual rental homes on a single 4.33-acre level lot at $158k/Unit. All 3 leases are month-to-month status, allowing you to negotiate rent to proper market rates.
Effingham County is located just north of Chatham County, off of Hwy 21 and Hwy 17. All 8 units (5 properties) are located in the Guyton area, west of Springfield and Rincon. This submarket of Savannah has seen major industry growth since the announcement of Hyundai Motor Groups EV Metaplant in 2022, bringing in thousands of new jobs to the local community directly, and in-directly via Hyundai's suppliers such as Sewon America and Kyungshin American Corp. Effing-ham County has seen an average 2.75% population growth over the span of 5 years.
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.
