Property Discovery  ·  Metro Atlanta

The whole market, one search away.

Search by place, price, and property type. And when a search is not enough, hand us the brief and we hunt it down for you.

Live MLS inventory  ·  Loading

Active · Other

2451 NW Old Thompson Bridge Road, Gainesville

FMLS #7738614 · Status: Active · Listing Provided By: EXP Realty, LLC. · 888-959-9461

$1,499,900
Listing photo 1, FMLS #7738614

MAJOR SELLER INCENTIVE: Seller will pay the HOA dues on the 4 completed units for 5 YEARS, subject to final contractual terms. Current HOA dues are approximately $180 per month per completed unit, representing approximately $43,200 in potential HOA savings over five years based on current dues. Exceptional income-producing investment property in the Gainesville, GA / Lake Lanier corridor offering 4 completed, 100% occupied Class A condominium units PLUS 5 additional slab-ready condominium development sites in one complete package. The four completed units were built in 2023 and provide approximately 5,760 total SF, with each residence offering approximately 1,440 SF, 3 bedrooms and 3.5 bathrooms. Current rental income totals approximately $7,550 per month / $90,600 annually based on the existing rent roll. The development portion includes 5 existing basement slabs with utilities in place or stubbed to the sites. Seller represents the development sites as permitted and ready to build, with civil engineering plans and supporting development documentation available for buyer review and verification. This offering provides an opportunity to acquire immediate rental income today with the potential to expand from 4 completed units to 9 total units. The completed units offer lake views and are within walking distance of Holly Park and Lake Lanier access, with convenient access to Downtown Gainesville, shopping, dining, medical facilities and major employment centers. Ideal for multifamily investors, builders, developers, 1031 Exchange buyers, portfolio investors and buy-and-hold investors seeking income-producing real estate with development upside near Lake Lanier. Complete package offered at $1,499,900. Updated leases, rent roll, property-management financials, HOA information, permits, plans and development documentation available upon request. Buyer to independently verify permit status, utilities, governmental approvals, construction requirements and all development information during due diligence.

IDX content last updated: Oct 2, 2026, 10:00 AM EDT

Two Ways to Hunt

Browse it yourself,
or hand us the brief.

A portal shows you what is listed. A private search puts a person on what you actually want, including the houses that never make it to a portal.

Browse

Search the market.

Every listing in metro Atlanta, searchable by place, price, and type the moment the live feed connects. Save searches and get alerts the day inventory moves.

Back to search
Private Search

We hunt it down.

Tell us the neighborhood, the school district, the lot, the light, whatever the real requirement is. We work the agent network and the off-market channels until it shows up.

Start a private search

Every Listing, Full Treatment

What a Rykman
listing page carries.

When live inventory connects, each property opens into a page built like our listings deserve. Here is the anatomy.

The Story

Presentation first.

Editorial photography, the property's point of view, and the facts that make its value legible in the first thirty seconds.

The Numbers

The full picture.

Price history, taxes, schools, and area context in one place, so you evaluate the deal, not just the photos.

The Move

One tap to act.

Book the showing or text the question directly from the page. Speed matters when the right house surfaces.

Ready When You Are

Never house-hunt
alone again.

The search is the easy part. The read, the offer, and the win are where representation earns its keep.