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2451 NW Old Thompson Bridge Road

Gainesville, GA 30501
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Bed --

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Bath 0

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Acres0.01

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Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually based on the existing rent roll. The property offers lake views from the condominium units and is within walking distance of Holly Park and minutes from Lake Lanier, shopping, dining, medical facilities, and major employment centers, making it an attractive long-term investment in one of North Georgia's fastest-growing markets. An additional opportunity is available to p urchase five slab-ready condominium sites separately or in combination with the completed units. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, providing the potential to expand the existing rental portfolio. The four completed condominium units, the five slab-ready condominium sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,599,900

AD Id : 76306624

MLS Id : 7738614

Lot Size : 0.01 Acre

Year Built : 2024

County : Hall

Subdivision: Hidden Cove

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Feature Features

  • Flooring Information

    Hardwood
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air Water front: 1

  • Building Information

    Year Built: 2024 Construction Materials: Cement Siding, Concrete Private Pool: No Water front Features: Lake Front View: Lake
  • Exterior Features

    Exterior Features: Dock

  • Lot Information

    Lot Dimensions: 0x0x0 Lot Size Acres: 0.01 Lot Size Source: Public Records Lot Description: Wooded

    Property Information

    Subdivision: Hidden Cove Source Property Type: Residential Income Levels: Three Or More Property Age: 2

  • Listing Price Information

    Listing Price: $1599900 Original Price: $3500000 1031 Exchange, Cash

  • Tax Information

    Parcel Number: 01097A000026 Tax Lot: 6 Tax Year: 2025 Annual Tax: $3866 Tax Legal Desc: HIDDEN COVE CONDOS - LOT 6

  • Parking Information

    Parking Total: 9 Detached, Parking Lot, Driveway

  • School Information

    Elementary School: Enota Multiple Intelligences Academy
    Junior High School: Gainesville East
    Senior High School: Gainesville
  • Utility Information

    Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Location Information

    Direction: From Downtown Gainesville, take Jesse Jewell Pkwy NW to Thompson Bridge Rd. Turn right onto Thompson Bridge Rd and continue approximately 2.5 miles. Turn left onto Old Thompson Bridge Rd NW. Properties are located at 2451, 2447, 2443, and 2539 NW Old Thompson Bridge Rd. WaterSource: Public
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ByOwner last updated this listing 08/21/2026 @ 14:18

MLS: 7738614 LISTED BY: Cindy LaDuke, EXP Realty, LLC. 888-959-9461 SOURCE: First Multiple Listing Service (FMLS)

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