2. River Forest
• River Forest is a 21 unit cabin community that is situated on 12
acres featuring 600 feet of exclusive Toccoa River frontage. This
project is the most affordable opportunity available for second home
buyers in the area. In addition to being reasonably priced for your
standard cabin in the woods, the closest competitor on the river is
priced over $150,000 above our riverfront cabins. There are
currently 6 of the 21 units complete with 4 individual owners. These
owners utilize the great rental area and use their units when
available. River forest is in close proximity to Coopers Creek
Wildlife Management Area, Chattahoochee National Forest, Rock
Creek Fish Hatchery, and the Deep Hole. This is an outdoor
enthusiast and adventure seekers dream development. Maintanance
free living is the main selling point to attract potential buyers. For a
small monthly homeowners fee, all exterior features, water, sewer,
and grounds area taken care of. This encourages the activity of
retirees to the development.
10. Features – Site
• Underground Utilities
• Community Water and Sewer
• Protective Covenants
• Water Features in Common Area
• Professional Landscaping
• Outdoor Riverside Kitchen
• Golf Cart Trail to River
• Fire Pits / Picnic Tables / Park Grills
• One – Year Warranty on all Materials and Labor
11. Features - Exterior
• Steel Reinforced Slab
• Log Siding
• 25 yr Metal Roof
• Vinyl Windows
• Covered Parking
• Covered Entry
• Exterior Lighting
• Professionally Landscaped
• Soil Treatment
12. Features - Interior
• Hardwood Floors
▫ Living Area / Kitchen / Dining / ½ bath
• Carpet
▫ 2nd Floor / Master Bedroom and Bath
• Vaulted Ceilings
• Tongue and Groove Walls
• Wired for Telephone / Satelitte
• HVAC
13. Features - Kitchen
• Hardwood Floors
• Raised, Pine Panel Cabinets
• Pantry
• Refrigerator
• Dishwasher
• Oven / Range
• Double Bowl Stainless Steel Sink
14. Features - Bath
• Elongated Water Closets
• Vanity Mirrors
• Country-Style Vanity Cabinets
• Vanity Top w/ Drop Bowls
• Decorative Vanity Lighting
• Fiberglass Shower / Tub
15. Features - Electrical
• Smoke Detectors with Alarm
• High-Efficiency Air Conditioner
▫ Heat Strips / Programmable Thermostat
• Two Exterior GFI Outlets
• Ambient Lighting in Kitchen and Living Areas
16. Features - Plumbing
• PVC water / waste lines
• Forty Gallon Hot Water Heater
▫ High Efficiency / Quick Recovery
• Two Exterior Hose Bibs
17. Features – Upgrades
• Appliances
▫ Kitchen apps / Washer / Dryer / Trash Compactor
• Floors
• Carpets
• Cabinets
• Security Systems
• Sun Room
• Fireplace
18. Duplexes
• 2 Beds / 2.5 Baths
• W/ a Loft
• Full Unfinished Basement
• 26 ft X 32ft
• Optional Sunroom / Formal Dining Room
22. Duplex Cost / Profit per Unit
• Cost to construct - $114,000
• Lot Price per Unit - $60,000
• Total Cost per Unit - $174,000
• Average Sales Price - $225,000
• Potential Profit - $51,000
• Total Profit from Duplexes - $612,000
23. Triplex Cost / Profit per Unit
• Cost to construct - $107,000
• Lot Price per Unit - $60,000
• Total Cost per Unit - $167,000
• Average Sales Price - $225,000
• Potential Profit per Unit - $70,000
• Total Profit from Triplex- $174,000
25. Improvements
• 21 septic tanks installed and approved by Fannin
County Health Dept.
• 2 DNR approved wells w/ reservoir in place
• 6 duplex foundations graded
• All site plans and engineering complete
• 1 water feature of 12,000 gallons complete
• 1 water feature of 27,000 gallons in progress
• 600 feet of cascading water falls
• 4 River side fire pits
• Canoe Launch
26. Averages / Ranges (since June 1, 2007)
• Average Sold Property Price
▫ $445,800
• Range for Sold Property Prices
▫ $213,500 - $847,000
• Average Current Property Price
▫ $491,900
• Range for Current Property Prices
▫ $199,900 – $1,575,000
