245 SMOKERISE CT

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245 SMOKERISE CT

ELLIJAY, GA 30536
Asking Price
$200K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land asset located at 245 Smokerise Court in Ellijay
  • Total lot size encompasses approximately 3.87 acres of land
  • Property is currently available for purchase at $199,500
  • Site is designated for residential development within Gilmer County
  • Ready-to-build parcel situated in a established mountain community area

What's Special

This residential land parcel spans 3.87 acres in Ellijay, Georgia, providing a ready-to-build homesite within a scenic mountain setting. Situated in Gilmer County, this property benefits from the region's reputation for outdoor recreation, rolling landscapes, and quiet residential appeal. The site offers significant space for custom construction projects, accommodating private estates or secondary mountain retreats for those seeking proximity to regional natural attractions. Investors and homeowners alike will find utility in the manageable topography and location relative to the growing northern Georgia submarket. Ellijay remains a favored destination for those prioritizing a balance of rural tranquility and accessible local amenities. The parcel serves as a viable candidate for buyers focused on long-term value in a developing mountain corridor.

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NOI
$80,000
Cap Rate
40.10%
DSCR
6.75
Strong
Cash-on-Cash
113.88%
Monthly Payment
$987.017
Annual Cash Flow
$68,155.794

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