23 Mountaingate Way

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23 Mountaingate Way

Ellijay, GA 30536
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel available for purchase in Ellijay.
  • Located at 23 Mountaingate Way in the 30536 zip code.
  • Positioned within the scenic North Georgia mountain region.
  • Suitable for residential development projects and individual home construction.
  • Provides potential for growth within the Gilmer County market.

What's Special

This residential land for sale at 23 Mountaingate Way represents a clear acquisition for individual buyers or developers looking to establish a presence in Ellijay, Georgia. Located in the North Georgia mountains, this submarket is known for its scenic landscape and proximity to recreational opportunities, making it a viable area for residential construction projects. The site provides a foundation for single-family development tailored to the increasing demand for mountain-based housing within this region of the state. Investors and builders can utilize the site to capitalize on the natural character of Gilmer County while addressing the local requirement for residential inventory. The location benefits from its accessible position within the 30536 zip code, positioning it for long-term residential utility. With its specific topography and regional appeal, this parcel is well-positioned for those seeking to build in a growing market that balances natural seclusion with proximity to regional transit arteries.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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