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Previous Description:
Welcome to 309 Barnhardt Circle! This historic 7-unit multi-family property features 4 spacious one-bedroom apartments and 3 charming studio homes. A rare investment opportunity with timeless character and great potential! cir~ This well-maintained complex is on the historical Barnhardt Cir and steps from the 9000+ acre Chickamauga Battlefield. This building was the original Band Barracks that could house 28 members. and was lighted in 1920. The center fields of Barnhardt Cir is where the cavalry trained and polo matches were held. All units are occupied. Barnhardt Cir is near shopping and dining in Fort Oglethorpe, and not far from Rossville and Chickamauga. The large attic and basement offer additional build-out opportunities. Gross annual rent is currently over $90,000. Potential to increase rents by adding washer/dryers in units. Currently, washer/dryers are in the basement area. There has been a strong demand for tenants in this historic location. There is plenty of parking in the back and off-street parking, a covered front porch area for relaxation or hang out and check out the Ballfields. This property combines stable cash flow with a highly desirable walkable historic district. Whether you're a seasoned investor or looking for a potential turnkey 1031 exchange property, this asset offers an excellent mix of charm, location, and returns. This is zoned Residential. Showings of all units after signed contract. Zoning R3. Check out MLS: 1520456 for the Details on Each Unit under Multi Family. DO not disturb tenants.
Updated Description:
Welcome to 309 Barnhardt Circle! This historic 7-unit multi-family property features 4 spacious one-bedroom apartments and 3 charming studio homes. A rare investment opportunity with timeless character and great potential! cir~ This well-maintained complex is on the historical Barnhardt Cir and steps from the 9000+ acre Chickamauga Battlefield. This building was the original Band Barracks that could house 28 members. and was lighted in 1920. The center fields of Barnhardt Cir is where the cavalry trained and polo matches were held. All units are occupied. Barnhardt Cir is near shopping and dining in Fort Oglethorpe, and not far from Rossville and Chickamauga. The large attic and basement offer additional build-out opportunities. Gross annual rent is currently over $90,000. Potential to increase rents by adding washer/dryers in units. Currently, washer/dryers are in the basement area. There has been a strong demand for tenants in this historic location. There is plenty of parking in the back and off-street parking, a covered front porch area for relaxation or hang out and check out the Ballfields. This property combines stable cash flow with a highly desirable walkable historic district. Whether you're a seasoned investor or looking for a potential turnkey 1031 exchange property, this asset offers an excellent mix of charm, location, and returns. This is zoned Residential. Showings of all units after signed contract. Zoning R3. Check out MLS: 1520456 for the Details on Each Unit under Multi Family. DO not disturb tenants. No showings unless contract in place- as not to disturb tenants.
