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$2,400,000
23 Days On Site

535 Forrest Ave
Gainesville, GA 30501

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1978
Built
Subdivision:
-
County:
Hall
Listing Courtesy Of: LESLIE WHITE of Resource Brokers, LLC. Broker: 770-540-7881 Prefer Ph#:leslie@resourcepropertygroup.com
Call Now: 770-633-5666
Is this the listing for you? We can help make it yours.
770-633-5666
535 Forrest Ave535 Forrest Ave535 Forrest Ave535 Forrest Ave
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Introducing 535 Forrest Avenue, “The Bradford,” a rare opportunity to acquire a fully stabilized, income-producing multifamily asset in the rapidly growing Gainesville market. This approximately 10,800-square-foot property consists of nine well-designed residential units with an ideal mix of two- and three-bedroom floor plans, catering to strong tenant demand in the area. The property is currently operating at 100% occupancy with rents averaging approximately $1,750 per month, delivering immediate and consistent cash flow from day one. Originally built in 1978 and extensively renovated in 2016, the asset offers modern interiors, including stainless steel appliances and updated finishes, positioning it competitively within the market. Strategically located on a 0.63-acre site near downtown Gainesville, the property benefits from proximity to major employment centers, retail, dining, and schools, further supporting long-term rental stability. On-site parking and functional layouts enhance tenant retention and overall asset performance. With strong in-place income, full occupancy, and continued rental demand in the submarket, The Bradford presents investors with a turnkey opportunity and clear upside potential through rent growth and operational efficiencies. This is an ideal acquisition for investors seeking a high-performing asset in a proven North Georgia rental corridor.

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Listing Snapshot
Price 
$2,400,000
Days On Site 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.63 Acres
Year Built 
1978
MLS® Number 
7744074
Status 
Active
Property Tax 
$35,932
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.63
Levels 
Multi/Split
Parking 
Parking LotPaved
Parking Spaces 
9
Property Condition 
Updated/Remodeled
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailablePhone AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Ceiling Fan(s)Central Air
Flooring 
LaminateVinyl
Heating 
Central
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
HardiPlank Type
Fencing 
None
Lot Features 
Corner Lot
Roof 
Asbestos Shingle
View 
City
Waterfront Features 
None
Waterview 
City
Windows/Doors 
Insulated Windows
Community Features
Accessibility Features 
Accessible BedroomAccessible ClosetsAccessible EntranceAccessible Full BathAccessible Hallway(s)
Community Features 
SidewalksStreet Lights
Schools
School District
Unknown
Elementary School
Centennial Arts Academy
Middle School
Gainesville East
High School
Gainesville
Listing Courtesy Of: LESLIE WHITE of Resource Brokers, LLC. Broker: 770-540-7881 Prefer Ph#:leslie@resourcepropertygroup.com

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Neighborhood & Commute
Source: Walkscore
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