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Property Location

02B Dee Kennedy Road, Winder GA 30680

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List Price $4,320,000

Units 1

Price / Unit $4,320,000

Est. Year 1 Cash Flow $-251,143 after debt service

02B Dee Kennedy Road Winder, GA 30680

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

ACTIVE

Noble Estates is a "shovel ready" development opportunity with LDP in hand. Noble Estates is designed to be an exclusive, single street enclave consisting of 24 one acre estate lots. The initial design includes a gated entrance but that is optional depending on what the developer prefers. All lots are at least 1 acre and many lots are 1.2 acres with a couple lots 1.5 acres. Minimum lot width is 150'. The project is approved as an "open ditch" development without the requirement for curb and gutter. Soil tests are completed and reports are available showing that all lots perk with conventional septic systems. The property is 37+/- acres that has been fully engineered. Noble Estates is located approx. 1/4 mile off of Hwy. 211 on Dee Kennedy Road. This development has great potential considering it's location and proximity to I-85, Chateau Elan, Braselton, Hoschton and just 15 minutes to the Master Planned Technology Development of Rowan. There is considerable activity on Dee Kennedy Road including many million dollar+ homes as well as several high end communities. Noble Estates is directly adjacent to Amelia Acres. Amelia Acres is a similarly developed, successful community with million dollar and multi million dollar homes. Electric & Natural Gas Service has been negotiated with Jackson EMC and the City of Winder to be installed at no cost to the developer with certain requirements. Jackson EMC will be installing street lights at no cost to the developer as well. Fully approved and stamped engineering plans are available upon request.

Investment Notes — Winder

Located in the Winder, 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 $4,320,000 Verified

 Est. Year 1 Cash Flow  $-251,143  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 Winder. 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.

Other Winder, GA multifamily properties currently available

Multifamily for sale: 271 E Wright Street, Winder

2 Units

Review Further

$315,000

4.5% Cap -6.1% CoC est

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: 7803238 · Listing courtesy of Virtual Properties Realty.com, Corey Brown · 404-906-0893

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

FMLS · Updated Daily

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