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Jordan Gallup

[email protected] +1(904) 760-9393

$ 700,000

Est. payment -/mo

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Price Dropped by $500K

10860 Covington Bypass Rd Covington, GA 30014

9.05 Acres Lot

UPDATED:

12/21/2024 06:06 AM

Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

Subdivision Covington Station

MLS Listing ID 10327317

HOA Y/N No

Originating Board Georgia MLS 2

Annual Tax Amount $1

Tax Year 2023

Lot Size 9.050 Acres

Acres 9.05

Lot Dimensions 9.05

Property Description

Georgia Premier RE Advisors is pleased to present an already approved Rental Townhome Development Lot in the city limits of Covington. The parcel has all utilities available including water, sewer, natural gas, and high speed internet. The lot is zoned C-R and has already been approved for 49 rental townhome units. The units are currently sized at 26x50 and will be rear entry units with either 1 or 2 car garages. The property is surrounded by townhome/apartment communities with rentals ranging from $1000-1700/mo per unit depending on size. There is a tremendous need for more townhome units in Covington and this location is in a key position. The seller already has all concept/site plans, environmental/feasibility studies, civil plans, corp of engineers wetland letter, and new boundary survey needed for an LDP. Seller is expecting to have LDP in hand within 2-3 weeks. Call for more details and come take advantage of all the work that has already been done.

Location

State GA

County Newton

Interior

Fireplace No

Exterior

Community Features None

Utilities Available Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available

View Y/N No

Private Pool No

Building

Lot Description City Lot

Faces Use address for GPS and property is located on Covington Bypass across from the school bus parking lot

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Middle Ridge

Middle Schools Indian Creek

High Schools Newton

Others

Tax ID C064000000007000

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

Jordan Gallup

10860 Covington Bypass Rd Covington, GA 30014

Key Details

Location

Interior

Exterior

Building

Schools

Others

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10860 Covington Bypass Rd