Single family residential

The Belvedere

  • 3700
  • 174953
  • 2
  • $295,000.00

BED: 5    BATH: 3    SQ FT: 2,600    YEAR BUILT: 2009 The Belvedere is a spacious 5 bed, 3 bath home in Augusta, GA. This single family residential boasts a stunning two-story foyer, hardwood flooring, and ample natural light. Enjoy the open dining room with bay windows, a cozy fireplace in the great room, and a stylish kitchen. The second-floor bedrooms feature vaulted ceilings, while the primary bedroom offers spaciousness and a relaxing sitting area. Address: 2414 Utopia Court, Augusta, GA 30909 Tenant Leasing Process Preparing a home for the rental market is a multi-tiered process that begins as soon as the property is acquired. Our experienced investment team works closely with the local property managers to get it show-ready, determine optimal market rent, take high-quality photos and videos, market the rental through various online and offline channels, screen and thoroughly vet tenant applications, and finalize the lease terms. Below you can find more information regarding the current rental status, the expected timeline, and the rental income. Timeline to Rent The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. Augusta, GA Augusta is the second-largest city in Georgia, with a population of over 200,000. The city's economy is driven by a mix of industries, including healthcare, education, manufacturing, logistics, and military. Its major employers include the Augusta University and Health System, Fort Gordon military base, Textron, and Kimberly-Clark. Augusta's rich history has made it a major tourist destination, with over 2.7 million visitors annually. Its major landmarks include the Augusta Canal National Heritage Area, the James Brown Arena, and the historic downtown district. It is also known for its world-class golf courses, including the Augusta National Golf Club, which hosts the annual Masters Tournament, one of the most prestigious golf events in the world. With a strong economy, diverse industries, and rich cultural heritage, Augusta is an attractive market for businesses, families, and real estate investors. The Market Real estate values and returns are highly dependent on location. In general, properties in more affordable markets will have higher cash flow (potential dividends), and properties in more expensive markets will have higher appreciation. Vantage Horizon strives to give investors options to choose how much they invest in appreciation markets, cash flow markets, or balanced markets.

The economy of the local city and market will dictate the potential returns of an investment. In general, some markets see high appreciation of home values, some have higher cash flow (dividends), and some have a mix of the two. Offering Details The Offering Details provide a breakdown of the financials for a specific property offering. The Offering Details show the operating plan for the property, including how the Raise Amount proceeds will be used. For transparency, we also like to share a breakdown of the Arrived fees. And if you're interested in more information, we also link to other resource documents that go into more depth around each offering. Property Purchase Price
US$295,000
Property Improvements & Cash Reserves
US$24,240
Closing Costs, Offering Costs & Holding Costs
US$20,347 Rental Status Rented Total Property Amount US$349,907 Monthly rent: US$3,700 VHM Fee: 5% Property Management Fees * 10% (up to 15% depending on the performance of the property)