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Active Apartment Buildings1

Median $/door$150,000

Ask range$1,500,000–$1,500,000

Estimated cap5.3%n=1

Median DOM734

City mix: 1 duplex · 1 triplex · 0 fourplex · 1 apartmentsAll types Market report →

1 active apartment buildings in Lakemont — inventory checked October 5, 2026 at 4:59 PM EDT. Count and medians are the FMLS set on this page at that time, not a standing market total.

1 Apartment Buildings for Sale in Lakemont

5+ unit product is scarce in smaller Georgia cities. Empty here does not mean empty in the county. Use the Georgia apartments collection for the full 5–50+ unit FMLS set. Lakemont is Rabun mountain/lake product. One duplex and one triplex can be the market. Jeff Crowe CRE (Georgia license 355533, Century 21 The Avenues in Calhoun) represents buyers and sellers of this inventory. If this Lakemont list is only one or two listings, view all apartment buildings for sale in Georgia and open the parent county page so you are not negotiating off a single ask.

All Georgia apartment buildings →Georgia multifamily market report →

Current Market Snapshot

Active Listings1

Avg List Price$1,500,000

Avg $/Unit$150,000

Avg Cap Rate (est.)5.3%

Price Range$1,500,000 – $1,500,000

Avg Units10.0

HUD Fair Market Rent · Rabun County(FY2026)

Studio$770

1 BR$851

2 BR$1,117

3 BR$1,553

4 BR$1,687

View all apartment buildings for sale in Georgia Georgia multifamily market report →

Showing 1 of 1 apartment buildings

Multifamily for sale: 240 Varnes Lane, Lakemont

10 Units

Below 1.0x DSCR

$1,500,000

8.4% Gross5.3% Capest

240 Varnes Lane

Lakemont, GA

Units10

$/Unit$150,000

DOM734

Listing MLSID: 7464136 · Listing courtesy of Virtual Properties Realty.com · 470-269-0420

Frequently Asked Questions — Lakemont Apartment Buildings

Are there apartment buildings for sale in Lakemont?

This page is the live FMLS Residential Income set for apartment buildings in Lakemont. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia apartment buildings collection or the county page for a larger sample.

How does Lakemont compare to Georgia overall for apartment buildings?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia apartment buildings set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do apartment buildings in Lakemont still qualify for residential financing?

Most 2–4 unit apartment buildings can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some Lakemont listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

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Apartment Buildings for Sale in Lakemont