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1320 Preacher Campbell Road
Clarkesville, GA 30523
$1,198,000
Conventional
Property
Bedroom
6
Bathroom
6
Property Type
Conventional
Square ft
5422
Property Description
Discover a unique investment opportunity in Clarkesville, GA—a pair of fully furnished, turnkey cottages, Pine and Oak, nestled on a serene, gated 2-acre property. Located moments from the charming towns of Helen and Clarkesville, and close to North Georgia’s finest wineries, this offering is a goldmine for investors targeting the booming Airbnb and short-term rental markets. With a combined 6 bedrooms, 4 full baths, and 2 half baths, these modern cottages are designed to accommodate and enchant. Each home boasts inviting living spaces, a primary suite that promises relaxation, and kitchens equipped to host memorable gatherings. Screened porches offer tranquil views of the lush, mountainous landscape, providing a peaceful retreat for guests. This property is not just a place to stay; it's an experience. Positioned in a desirable area of North Georgia, about 2 hours from the Atlanta airport, guests can explore local attractions or unwind in the privacy of their backyard. The unfinished basement presents additional potential, ready to be transformed to meet your vision. With an established presence on vacation rental websites and glowing reviews from guests, these cottages represent a significant, consistent income stream. The sale includes everything needed for seamless continuation of the business, making it a perfect addition to an investment portfolio. Invest in a future where nature meets luxury, convenience meets serenity, and investment potential knows no bounds. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. Photos may be virtually staged to assist buyers in visualizing the property's design potential. Contact the listing agent for more information or to schedule a private showing.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2021
MLS Number
7339563
Location
Address
1320 PREACHER CAMPBELL Road
City
Clarkesville
State
GA
Zip Code
30523
County
HABERSHAM
Listing
Provider
Gold Peach Realty LLC, original listing
Name
Gold Peach Realty LLC
Phone
(770) 876-7038
Office Name
Gold Peach Realty, LLC
Office Phone
(770) 283-1223
Agent Name
Nicole Van Den Bergh

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.