2451 NW Old Thompson Bridge Road
Gainesville, GA 30501
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Bed
0
Bath
0.01Acre(Lot)
Exceptional Lake Lanier Class A multifamily and development opportunity in Gainesville, GA combining stabilized income with immediate construction upside. The offering includes 4 fully built, Class A condominium units that are 100% occupied, generating approximately $90,600 in annual gross income ($7,550/month) based on the current rent roll. All units feature modern construction (2023), 3 bedrooms, 3.5 bathrooms, and approximately 1,440 SF each. Current rents range from $1,750 to $2,000/month, with one unit at $1,800, reflecting strong occupancy and consistent tenant demand in the Lake Lanier corridor. The property is ideally located within walking distance to Holly Park and offers lake views from the condominium units, enhancing tenant appeal and long-term rental demand. In a
Property Details
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Map
What's Nearby
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Features
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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
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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
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Lot Information
Lot Dimensions: 0x0x0 Lot Size Acres: 0.01 Lot Size Source: Public Records Lot Description: WoodedProperty Information
Subdivision: Hidden Cove Source Property Type: Residential Income Levels: Three Or More Property Age: 2
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Listing Price Information
Listing Price: $2500000 Original Price: $3500000 1031 Exchange, Cash
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Tax Information
Parcel Number: 01097A000026 Tax Lot: 6 Tax Year: 2025 Annual Tax: $3866 Tax Legal Desc: HIDDEN COVE CONDOS - LOT 6
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Parking Information
Parking Total: 9 Detached, Parking Lot, Driveway
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School Information
Elementary School: Enota Multiple Intelligences AcademyJunior High School: Gainesville EastSenior 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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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3105 Navajo Circle, Gainesville, GA, 30501 | $480,000 | 7 | 4 | 2,480 | 2,480 SqFt |
| 1238 Bloomsbury Lane, Gainesville, GA, 30501 | $890,000 | 5 | 4 | 3,265 | 3,265 SqFt |
| 3978 Pine Shore Circle, Gainesville, GA, 30501 | $519,900 | 3 | 2 | 2,656 | 2,656 SqFt |
| 3978 Pine Shore Circle, Gainesville, GA, 30501 | $519,900 | 3 | 3 | 2,656 | 2,656 SqFt |
| 3928 Lake Court, Gainesville, GA, 30501 | $829,000 | 5 | 3 | 1,749 | 1,749 SqFt |
| 3852 Clubhouse Drive, Gainesville, GA, 30501 | $1,125,000 | 6 | 3 | 4,416 | 4,416 SqFt |
| 3852 Clubhouse Dr Dr, Gainesville, GA, 30501 | $1,125,000 | 6 | 3 | 4,416 | 4,416 SqFt |
| 3662 Lakeview Drive, Gainesville, GA, 30501 | $265,000 | 3 | 2 | 1,104 | 1,104 SqFt |
| 3662 Lakeview Drive, Gainesville, GA, 30501 | $265,000 | 3 | 2 | 1,104 | 1,104 SqFt |
| 3560 Ridge Drive, Gainesville, GA, 30501 | $659,900 | 6 | 5 | -- |
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ByOwner last updated this listing 06/17/2026 @ 14:51
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