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Hannah Apartments 390 Old Mill Rd 56 Unit Apartment Building For Sale Cartersville, GA 30120
INVESTMENT HIGHLIGHTS
- Highly attractive in place assumable Freddie Mac financing
- Desirable floorplans consisting of large 2br/2ba units with a den
- Separately metered for water & power
- Excellent demographics with $70,000 median household income within a 1 and 3 mile radius with close to 2% annual population growth
- In-unit washer and dryer connections
- Brand new roofs put on the property December of 2024
EXECUTIVE SUMMARY
Broker of Record
Maxx Bauman
License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Maxx Bauman
License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 2.75 AC |
| No. Units | 56 | Building Size | 67,200 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2000 |
| Building Class | B | Parking Ratio | 2.98/1,000 SF |
| Zoning | IN | ||
| Sale Type | Investment |
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.75 AC |
| Building Size | 67,200 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2000 |
| Parking Ratio | 2.98/1,000 SF |
| Zoning | IN |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Hardwood Floors
- Refrigerator
- Range
- Walk-In Closets
- Carpet
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Picnic Area
- Property Manager on Site
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 43 | - | 1,200 |
| 3+2 | 13 | - | 1,200 |
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PROPERTY TAXES
| Parcel Number | C022-0001-004 | Improvements Assessment | $1,480,944 |
| Land Assessment | $330,000 | Total Assessment | $1,810,944 |
PROPERTY TAXES
Parcel Number
C022-0001-004
Land Assessment
$330,000
Improvements Assessment
$1,480,944
Total Assessment
$1,810,944
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Hannah Apartments | 390 Old Mill Rd
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