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Property Location

147 Falls Lane NE, Milledgeville GA 31061

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List Price $69,000

Units adj 1

Price / Unit $69,000

147 Falls Lane NE Milledgeville, GA 31061

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

ACTIVE

Build Your Lake Life Paradise on Georgia's Cleanest Lake! Escape to tranquility on this exceptional lot at Lake Sinclair – widely considered the cleanest lake in Georgia – where endless possibilities meet breathtaking natural beauty. Located just minutes from the charming historic town of Milledgeville, this prime property offers the perfect blend of peaceful lake living and vibrant community amenities. This spectacular 15,300-acre lake offers everything you've dreamed of for the perfect lakeside lifestyle. Your lot is perfectly positioned near one of Georgia's most prestigious small towns – named "One of the 10 Coolest Small Towns in America" by Budget Travel and listed among the prettiest small towns in Georgia by Southern Living. This exceptional lot won't last long in today's competitive market. Experience the perfect combination of recreational paradise, historic charm, and modern convenience that makes Lake Sinclair and Milledgeville truly special. Contact us today to schedule your private showing and start building your Georgia lake life dream!

Investment Notes — Milledgeville

Located in the Milledgeville, 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

Built from available FMLS income data and transparent operating assumptions · Units adjusted (LIKELY_SFR_OR_MOBILE)

Price per Unit $69,000 Verified

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. Units adjusted (LIKELY_SFR_OR_MOBILE).

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

40%

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 Milledgeville. 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

Suppressed (LIKELY_SFR_OR_MOBILE). Verify classification and actual numbers with the listing agent.

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: 7650978 · Listing courtesy of Keller Williams Rlty Consultants, Atlanta Propert Matchmakers · 678-287-4800

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

FMLS · Updated Daily

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