277 Mountaingate Way

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277 Mountaingate Way

Ellijay, GA 30536
Asking Price
$105K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel of land available for purchase in Ellijay, Georgia.
  • Located at 277 Mountaingate Way in the 30536 zip code.
  • Offered at an asking price of 105000 dollars.
  • Situated within the scenic North Georgia mountain region.
  • Suitable for residential development or long-term land investment.

What's Special

This land parcel is currently for sale, providing a strategic acquisition for investors or private buyers seeking a foothold in Ellijay, Georgia. Positioned in a region recognized for its natural landscape and mountain proximity, this site offers potential for residential development or long-term land banking. The property at 277 Mountaingate Way sits within Gilmer County, an area that balances scenic rural charm with accessible infrastructure connecting to the broader North Georgia mountains. Developing this acreage allows for versatile use cases, including the construction of a permanent mountain residence, a secondary vacation home, or a private retreat. As the North Georgia corridor continues to attract interest from those moving away from urban centers, acquiring land in this submarket serves as a practical hedge against shifting market conditions. Prospective buyers will find this 30536 zip code location offers a quiet setting while remaining within reach of local services and regional outdoor recreation opportunities.

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NOI
$80,000
Cap Rate
76.19%
DSCR
12.83
Strong
Cash-on-Cash
234.18%
Monthly Payment
$519.483
Annual Cash Flow
$73,766.207

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