6350 State Highway 193 , #1

Description

Prime Investment Opportunity in Georgetown. Well-located income-producing apartment complex just minutes from downtown Georgetown. Situated on nearly one acre, the Kinglike Apartments offer approximately 5,250 sq. ft. of improvements featuring 11 units, each equipped with kitchenettes, microwaves, refrigerators, and wireless internet. The property includes a manager's suite, office space, recreation area, laundry room, storage room, and ample on-site parking, allowing for efficient operations and management flexibility. Conveniently located near local restaurants, parks, and shopping, with easy access to outdoor recreation. The property is approximately 30 minutes from area lakes via scenic Wentworth Springs Road and benefits from demand driven by tourism, outdoor activities, and longer-term occupancy. Strong in-place income with upside potential through operational efficiencies and future improvements (buyer to verify). Ideal for investors seeking an income property with both immediate cash flow and long-term growth potential.