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Jones St Apartments 125 Jones St 12 Unit Apartment Building $2,100,000 ($175,000/Unit) Blue Ridge, GA 30513
EXECUTIVE SUMMARY
FOR SALE – Blue Ridge Apartments | Blue Ridge, GA
Prime 12-unit multifamily property just 5 minutes from downtown Blue Ridge. All units are newly renovated and 100% occupied. Situated in a high-demand vacation and remote living market, with immediate NOI upside by shifting water and trash costs to tenants.
Highlights:
Asking Price: $2,100,000
Units: 12 (2 buildings – fully renovated)
Location: 125 Jones St, Blue Ridge, GA
Recent CapEx: New windows, HVAC, plumbing, electrical, appliances, flooring, and roof
Investment Upside: Strong rental demand; potential utility reimbursement
Prime 12-unit multifamily property just 5 minutes from downtown Blue Ridge. All units are newly renovated and 100% occupied. Situated in a high-demand vacation and remote living market, with immediate NOI upside by shifting water and trash costs to tenants.
Highlights:
Asking Price: $2,100,000
Units: 12 (2 buildings – fully renovated)
Location: 125 Jones St, Blue Ridge, GA
Recent CapEx: New windows, HVAC, plumbing, electrical, appliances, flooring, and roof
Investment Upside: Strong rental demand; potential utility reimbursement
PROPERTY FACTS
| Price | $2,100,000 | Building Class | C |
| Price Per Unit | $175,000 | Lot Size | 0.86 AC |
| Sale Type | Investment | Building Size | 15,700 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Low-Rise | ||
| Zoning | C3 - Multi family | ||
| Price | $2,100,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.86 AC |
| Building Size | 15,700 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | C3 - Multi family |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 16 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | BR05-007 | Improvements Assessment | $1,429,365 |
| Land Assessment | $6,080 | Total Assessment | $1,435,445 |
PROPERTY TAXES
Parcel Number
BR05-007
Land Assessment
$6,080
Improvements Assessment
$1,429,365
Total Assessment
$1,435,445
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Jones St Apartments | 125 Jones St
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