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Previous Description:
This well-maintained multifamily property offers a rare opportunity to acquire a fully occupied, all-brick apartment complex in Rome, Georgia. The property consists of 11 units, including ten one-bedroom/one-bath residences and one two-bedroom/two-bath residence. Units are currently 90% leased, providing immediate and stable cash flow. Each unit features private outdoor living space, either a patio or deck, and benefits from individual attached garages. Utilities are separately metered, minimizing owner expenses and enhancing operational efficiency. The property is further distinguished by an on-site lake, with tenant access for recreational use-an uncommon amenity that adds long-term appeal and tenant retention. Buyers may preview the vacant unit prior to offers. Showings on the occupied units will be permitted only after a contract is fully executed and binding.
Updated Description:
This well-maintained multifamily property offers a rare opportunity to acquire a fully occupied, all-brick apartment complex in Rome, Georgia. The property consists of 11 units, including ten one-bedroom/one-bath residences and one two-bedroom/two-bath residence. Units are currently 90% leased, providing immediate and stable cash flow. Each unit features private outdoor living space, either a patio or deck, and benefits from individual attached garages. Utilities are separately metered, minimizing owner expenses and enhancing operational efficiency. The property is further distinguished by an on-site lake, with tenant access for recreational use-an uncommon amenity that adds long-term appeal and tenant retention. Buyers may preview the vacant unit prior to offers. Showings on the occupied units will be permitted only after a contract is fully executed and binding. Owner of this property is a licensed broker in the state of Georgia.
