Property Location

2486 Hidden Cove Court, Gainesville GA 30501

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List Price $750,000
Units 1
Est. Cap Rate 1.1%
Est. Cash-on-Cash -19.5%
Price / Unit $750,000
Est. Year 1 Cash Flow $-36,478 after debt service
2486 Hidden Cove Court Gainesville, GA 30501
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Prime development opportunity in Gainesville, GA near Lake Lanier featuring 6 residential lots with LDP (Land Disturbance Permit) approved, offering a streamlined path to construction. Lots are positioned in a desirable Lake Lanier setting, with water views and/or lake frontage (buyer to verify specific lot characteristics), enhancing long-term value and marketability. All lots have been soil tested and approved by the county, with permitting already in place, significantly reducing development timelines and upfront risk for builders and investors. Approved plans and development allow for primary (master) on main floor layouts, appealing to today’s buyer and rental demand for functional, accessible living design. Ideal for a small residential development or build-to-rent portfolio, these lots are located along Old Thompson Bridge Road, just minutes from Lake Lanier, shopping, dining, and major employment centers. Utilities and infrastructure planning have been initiated (buyer to verify all details), allowing for efficient project execution. Opportunities with approved LDP, soil testing, and county approvals already completed combined with Lake Lanier proximity and build-ready positioning are increasingly rare in this area. Bring your builder or development plan and take advantage of this ready-to-move-forward site in one of North Georgia’s most desirable markets.
Investment Notes — Gainesville
  • Located in the Gainesville, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $750,000 Verified
Est. Cap Rate 1.12% Modeled
Est. Cash-on-Cash -19.46% Modeled
Est. Gross Income $17,203 Modeled
Est. NOI $8,430 Modeled
Est. Year 1 Cash Flow $-36,478 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

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Modeled Estimate

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46%
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30 yrs
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Effective Gross Income
Operating Expenses
Net Operating Income (NOI)
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Jeff’s Investment Take

Further review recommended before moving forward.

Est. Cap1.1%
Est. CoC-19.5%
Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7709389 · Listing courtesy of EXP Realty, LLC., Cindy LaDuke · 888-959-9461

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily