Single family residential

The Augusta

  • 3200
  • 176427
  • 2
  • $297,900.00

BED: 4    BATH: 2    SQ FT: 1,923    YEAR BUILT: 2023 The Augusta is a brand new 4 bedroom, 2 bathroom home in Augusta, GA. The Augusta is a single-story homestead in the Hayne's Station Community. The home has a split floor plan concept with a large great room in the center that brings together all parts of the home. The modern kitchen features ample cabinet space, granite countertops, stainless steel, and energy efficient appliances. 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. 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$297,900
Property Improvements & Cash Reserves
US$24,360
Closing Costs, Offering Costs & Holding Costs
US$20,176 Monthly rent: US$3,200 Rental Status Rented 
Vantage Horizon Sourcing Fee (One-time)
US$10,420 Total Property Amount US$352,856