Frank Read
BEDS0
BATHS
MLS#10834415
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
NEIGHBORHOODRome
Property Description
Rudhil Commercial is pleased to exclusively offer for sale The Cave Springs Apartments, a 12-unit multifamily property located at 1410 Cave Springs Road SW In Rome, GA. With a favorable unit mix, this 12-unit multifamily property in Rome, GA, presents a strong value-add investment opportunity. Current below-market rents and inactive laundromat, already stubbed with plumbing for 5 washers, and electrical for 6 dryers allows for additional income to be generated right away. The asset features a mix of one and two bedroom units, appealing to a broad tenant base. Recent renovations include interior and exterior paint, new kitchens in select units, new LVP in select units, newer roof, updated plumbing, updated lights fixtures, and LED common area lights to reduce costs. Additional space will also allow to incorporate vending machines, with large storage also attached to the building. Heavy work has been completed to the property, lowering investors initial capital expenditure.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Window Unit(s)
Lot Size: 0.29 Acres
Stories: 2.0
Taxes: $9,428
Year Built: 1950
Feature Descriptions
Exterior: Block
Parking Notes: Assigned, Off Street
Sewer: Public Sewer
Units: 12
Water: Public
Local Schools
High School: Pepperell
Middle School: Pepperell
Elementary School: Alto Park
Listed By / Shown By
Listed By
Agency Name: Rudhil Companies, LLC
Agency Phone: 678-878-3888
Shown By
Agent Name: Frank Read
Agent Phone: (601) 297-0490
Agency Title: Crye-Leike Real Estate Services
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 3,680.48 per month $2,559.40 Principal & Interest $785.67 Property Tax $335.42 Homeowner's InsuranceChange Payment Information
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1410 Cave Springs Road Sw | MLS# 10834415
This multi-family property located at 1410 Cave Springs Road Sw, Rome, GA 30161 is currently listed for sale with an asking price of $1,150,000. Search Rome real estate on frankread.crye-leike.com today.