Harbor Club at Lake Oconee

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Harbor Club at Lake Oconee

Greensboro, GA 30642
Asking Price
$2.90M
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • The property includes 36 fully developed residential land lots.
  • The asking price for this land portfolio is $2,895,000.
  • The site is positioned within the Harbor Club at Lake Oconee.
  • Greensboro provides access to a growing regional residential market.
  • These lots are intended for immediate residential construction projects.

What's Special

Priced at $2,895,000, this land offering at Harbor Club at Lake Oconee presents a collection of 36 developed residential lots. Situated in Greensboro, Georgia, the property benefits from the regional growth surrounding Lake Oconee, a destination known for its recreational appeal and proximity to major population centers in the state. This site is well-positioned for residential development projects aimed at those seeking a lifestyle focused on lakeside amenities and planned community living. Developing these ready-to-build sites provides a clear path for homebuilders looking to address current housing demand in the Greensboro market. The infrastructure already in place simplifies the initial phases of construction, allowing for a more efficient timeline from project inception to completion. Investors and builders can utilize these parcels to create high-quality residential housing units consistent with the established character of the Lake Oconee area.

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.47
Underwater
Cash-on-Cash
-10.58%
Monthly Payment
$14,322.88
Annual Cash Flow
$-91,874.565

Location & Travel Times