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4454 Ledan Extension
Gainesville, GA 30506
Asking Price
$2.20M
Asset Type
Agricultural Land
Class
Class B
What's Special
Private Estate or Residential Development Property <p>This Estate property is located in Hall County, one of the fastest growing Counties in Georgia. Only a short distance to Lake Lanier and several Parks. Easy access to Atlanta, via I985/ I-85 or GA 400. Property is currently a private Estate with a Lodge type home overlooking one of the ponds. The Property also has a 40'X60' metal building and a small Rental house up front. This property has tremendous potential, whether holding it for a long-term investment, developing it into residential lot
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796
