$554,800
- 121 Cypress Ct
- Canton, GA
Two townhomes for sale. There are 6 total that can be purchased.
Sandra Watkins RE/MAX Town and Country
Estimated payment $8,711/month
CASH FLOWING INVESTMENT PROPERTY. 6 occupied rental townhouses built between 2006 and 2008 in Holly Springs in Cypress Springs subdivision. Neighborhood includes a mix of detached single-family houses and attached townhouses. Sold together. Seller will not sell individually. The opportunity here is the future upside equity value of the townhouses Holly Springs.
The six townhouses offered for sale are located in the Cypress Springs subdivision and have been long term rental properties managed for many years by Georgia Rental Group. Maintenance records are available.
Two 3 bedroom units (one with unfinished basement)
Four 2 bedroom units
Total rent income for all units is $10,409 monthly. Ask for rent roll for breakdown of each unit and the T12 for more financial details.
The Cypress Springs subdivision is located within the city limits of Holly Springs, GA with a mailing address in Canton, GA zip code 30115.
No Showings until due diligence period. Photos are general shots of the subdivision and neighborhood. Photos of exterior of each property is available.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,455 | $127,880 | $24,000 | $103,880 |
| 2024 | $3,737 | $125,296 | $24,000 | $101,296 |
| 2023 | $3,443 | $113,432 | $20,000 | $93,432 |
| 2022 | $2,926 | $95,528 | $17,600 | $77,928 |
| 2021 | $1,898 | $75,628 | $15,400 | $60,228 |
| 2020 | $2,278 | $67,964 | $13,800 | $54,164 |
| 2019 | $1,647 | $65,480 | $12,400 | $53,080 |
| 2018 | $2,091 | $61,320 | $12,400 | $48,920 |
| 2017 | $1,888 | $140,200 | $10,960 | $45,120 |
| 2016 | $1,352 | $131,300 | $10,960 | $41,560 |
| 2015 | $1,357 | $130,700 | $11,880 | $40,400 |
| 2014 | $1,188 | $114,100 | $11,880 | $33,760 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Price Changed | $1,595,000 | -5.9% | -- |
| 06/09/2025 06/09/25 | Price Changed | $1,695,000 | -5.6% | -- |
| 02/09/2025 02/09/25 | For Sale | $1,795,000 | 0.0% | -- |
| 02/17/2023 02/17/23 | Rented | $1,700 | 0.0% | -- |
| 02/10/2023 02/10/23 | Under Contract | -- | -- | -- |
| 02/07/2023 02/07/23 | Price Changed | $1,700 | 0.0% | $1 / Sq Ft |
| 01/30/2023 01/30/23 | For Rent | $1,700 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $466,512 | Purchase Money Mortgage | |
| Closed | $480,000 | New Conventional |
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Source: First Multiple Listing Service (FMLS)
MLS Number: 7519777
APN: 15N14K-00000-004-000