19 & 21 Franklin Ave, Lakeland, GA 31635

Live Oak Apartments Sale consisting of 2 buildings with 8 units each. Each Building has 6040 Square Feet Heated Area. Building A has 8 units all have 2 bedrooms 1 bath per unit. Building B has 2 units that have 1 bedroom1 bath, 4 units that have 2 bedrooms 1 bath and 2 units have 3 bedrooms 1 bath. The current rent roll is $7,570 per month. Find rent roll in documents attached to MLS. All tenants have been notified of a rent adjustment effective February 1, 2022 to be as follows: The 1 bedroom units will rent for $425 per unit. The 2 bedrooms will rent for $525 and the 3 bedrooms rent for $595. Total Monthly Income Beginning February 1, 2021 will be $8,340. The 2 buildings are 2 story buildings. There are 4 upstairs units and 4 downstairs units per building. Several pecan trees on the property.