69+ Acres Land w/ Great Potential
Holbrook & Smoky Road
Newnan, GA 30263
County: Coweta
The Rental Property Information:
House 1
543 Holbrook Rd, GA 30263
2 Story, 4 bdrm, 2 1/2 bath, fireplace, 2 car garage
Built 1980, remodeled 2003
2476 Sq. Ft
Leased $1250/mo
House 2 Brick
651 Holbrook Rd.
3 Bdrm, 3 Bath, woodstove, brick exterior
Built 1981
2415 Sq. Ft
Leased $ 975/mo
House 3 on driveway behind House 2
649 Holbrook Rd
2 Bdrm, 2 Bath, vinyl siding, carport
Built 1987
1200 Sq. Ft
Leased $650/mo.
House 4
593 Holbrook Rd w/ 1.5 acre
2 Bdrm, 2 Bath, vinyl siding, carport ?
Built 19__
1536 Sq. Ft
Leased $600/mo.
Total 69.2 Acres
Attached is the tax plat for the Holbrook Rd property.The utilities at the property are Coweta Fayette EMC for power, Georgia Power also serves the area for any house more than 500 feet from the EMC lines. Coweta County water is along the road, and also serves House 1. (Houses 2 & 3 have wells) The homes have individual propane tanks for heat. No sewer service is available, however the county has made an agreement with Newnan Utilities to service new private sewer systems.
As it is in the clipping of newspaper articles, the Cousins Properties, known for developing higher end apartment buildings and subdivisions, is developing the Blalock Farms (2,971acres) within 1 mile range from this projected property. They are to build minimum 399 to 950 homes on a 1.6 acre lot each or bigger, and the rest will be used for horse club, hunt club, shooting range and etc. They cost of homes will range from $500K and up. The city of Newnan is rapidly growing city, located just 25 miles south of Hatsfield International Airport. Good many people commute to Atlanta and airline companies in or near airport lives out there.
