2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

Gainesville
Local realty services provided by:ERA Sunrise Realty
2451 NW Old Thompson Bridge Road,Gainesville, GA 30501
$2,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cindy laduke
Office: exp realty, llc.
MLS#:7738614
Source:FIRSTMLS

Price summary

  • Price:$2,500,000

About this home

Exceptional Lake Lanier Class A multifamily and development opportunity in Gainesville, GA combining stabilized income with immediate construction upside. The offering includes 4 fully built, Class A condominium units that are 100% occupied, generating approximately $90,600 in annual gross income ($7,550/month) based on the current rent roll. All units feature modern construction (2023), 3 bedrooms, 3.5 bathrooms, and approximately 1,440 SF each. Current rents range from $1,750 to $2,000/month, with one unit at $1,800, reflecting strong occupancy and consistent tenant demand in the Lake Lanier corridor. The property is ideally located within walking distance to Holly Park and offers lake views from the condominium units, enhancing tenant appeal and long-term rental demand. In addition to the stabilized units, the property includes 5 slab-ready units (basement foundations already in place), offering immediate vertical construction potential. Utilities are stubbed, and the...

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Home facts

  • Year built:2024
  • Listing ID #:7738614
  • Updated:June 27, 2026 at 04:36 PM

Rooms and interior

  • Flooring:Hardwood

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2024
  • Lot area:0.01 Acres
  • Lot Features:Wooded
  • Construction Materials:Cement Siding, Concrete
  • Levels:3+ Story

Schools

  • High school:Gainesville
  • Middle school:Gainesville East
  • Elementary school:Enota Multiple Intelligences Academy

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$2,500,000
  • Tax amount:$3,866 (2025)

Parking

  • Total parking spaces:9
  • Parking description:Detached, Level Driveway, Parking Lot
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