55 Nottingham Trl | Toccoa, GA 30577
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55 Nottingham Trl
Toccoa, GA 30577
Nottingham Apartments · Multifamily Property For Sale
·
16 Units

INVESTMENT HIGHLIGHTS
- Current ownership has invested in interior and exterior improvements, increasing rents by over 10% since 2021 with more room to increase rents.
- Opportunity for exterior improvements including new windows, paint, amenities, and roofs.
- Ability to modernize 14 units to enable rent premiums. Comparables are leasing at $1,200+/mo for 2-bedroom units and $1,000+/mo for 1-bedroom units.
- Property is situated on over 4 acres of land, leaving ample room for potential development of additional buildings.
PROPERTY FACTS
| No. Units | 16 | Building Size | 13,200 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1989 |
| Building Class | C | Parking Ratio | 2.12/1,000 SF |
| Lot Size | 4.01 AC | ||
| Zoning | C - Commercial | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.01 AC |
| Building Size | 13,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2.12/1,000 SF |
| Zoning | C - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Ceiling Fans
- Tub/Shower
- Deck
- Den
- Dining Room
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 650 - 700 |
| 2+1 | 1 | - | 700 - 750 |
| 2+1.5 | 11 | - | 900 - 950 |
LINKS
PROPERTY TAXES
| Parcel Number | T07-039 | Improvements Assessment | $243,502 |
| Land Assessment | $14,931 | Total Assessment | $258,433 |
PROPERTY TAXES
Parcel Number
T07-039
Land Assessment
$14,931
Improvements Assessment
$243,502
Total Assessment
$258,433
Listing ID: 31221866
Date on Market: 3/14/2024
Last Updated:
Address: 55 Nottingham Trl, Toccoa, GA 30577
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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