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Property Location

5418 Sherri Drive, Gainesville GA 30504

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List Price $250,000

Units 1

Price / Unit $250,000

Est. Year 1 Cash Flow $-7,443 after debt service

5418 Sherri Drive Gainesville, GA 30504

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

**Lake Lanier Boat Lovers – Your Private Deep Water Dock Awaits!** This is the one you’ve been waiting for. Rare **private deep water dock** opportunity at **5418 Sherri Drive** in Gainesville — a true standout Lake Lanier property that checks every box for serious buyers. This lake access lot comes with its own **private single-slip deep water dock featuring a spacious party deck** — perfect for boating, entertaining, and making memories right on the water. Private deep water docks are extremely rare on Lake Lanier, and since new dock permits are no longer being issued, this is an incredible, limited chance to own one of the most desirable features on the entire lake. **No HOA** gives you total freedom to build and enjoy your waterfront retreat exactly how you want. **Bonus Opportunity**: The neighboring lots at **5412 Sherri Drive** and **5422 Sherri Drive** are also available. Purchase all **three adjacent lots together** for a heavily discounted package price of just **$490,000** and create your own private lakeside compound with exclusive dock access. Boaters and Lake Lanier enthusiasts — this combination of **private deep water dock + existing permit + no HOA + package pricing** is moving fast. Properties like this don’t stay on the market long. Please note that pics shown are for all 3 Lots. Reach out to see this unique Lake Lanier property before it's sold!

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

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

Price per Unit $250,000 Verified

 Est. Year 1 Cash Flow  $-7,443  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Gainesville. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

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: 7792892 · Listing courtesy of Real Broker, LLC., Shamilla Ramdass · 706-362-3145

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

FMLS · Updated Daily

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