Active

10860 Covington Bypass Rd

Covington GA, 30014

$700,000


$1.78 per sqft

Active

9.05 Acres

Land

Georgia Premier RE Advisors is pleased to present an already approved Rental Townhome Development Lot in the city limits of Covington. The parcel has all utilities available including water, sewer, natural gas, and high speed internet. The lot is zoned C-R and has already been approved for 49 rental townhome units. The units are currently sized at 26x50 and will be rear entry units with either 1 or 2 car garages. The property is surrounded by townhome/apartment communities with rentals ranging from $1000-1700/mo per unit depending on size. There is a tremendous need for more townhome units in Covington and this location is in a key position. The seller already has all concept/site plans, environmental/feasibility studies, civil plans, corp of engineers wetland letter, and new boundary survey needed for an LDP. Seller is expecting to have LDP in hand within 2-3 weeks. Call for more details and come take advantage of all the work that has already been done.

10327317

MLS ID

June 26, 2024

Listed

December 21, 2024

Updated

Map

10860 Covington Bypass Rd
Covington GA, 30014

Exterior/Building Features

Lot Size

9.05 Acres


Lot Features

City Lot


Sewer

Public Sewer

School Information

High School

Newton


Elementary School

Middle Ridge

Other Property Details

Taxes

$1


Tax Frequency

Annually


Days on Market

37


Garage

No


View

No


County

Newton


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/18/2024

Active

12/18/2024

Price change

$700,000

-42%

12/4/2024

Pending

12/2/2024

Active

8/20/2024

Pending

8/10/2024

Active

7/19/2024

Pending

Listed with Georgia Premier RE Advisors

Based on information from Georgia MLS as of 12/21/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2024 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 6:47 AM UTC, 12/21/2024

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