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Investment Highlights
- 4 sided brick
- Lake view
- Garages on each unit
Executive Summary
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.
Owner of this property is a licensed broker in the state of Georgia.
Property Facts Under Contract
| Price | $1,275,000 | Building Class | C |
| Price Per Unit | $115,909 | Lot Size | 4.72 AC |
| Sale Type | Investment | Building Size | 9,278 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1995 |
| Zoning | M-R - Residential Multi-family | ||
| Price | $1,275,000 |
| Price Per Unit | $115,909 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 4.72 AC |
| Building Size | 9,278 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1995 |
| Zoning | M-R - Residential Multi-family |
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Property Taxes
| Parcel Number | K13Z-396 | Improvements Assessment | $552,561 |
| Land Assessment | $15,579 | Total Assessment | $568,140 |
Property Taxes
Parcel Number
K13Z-396
Land Assessment
$15,579
Improvements Assessment
$552,561
Total Assessment
$568,140
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222 Wilshire NE rd
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