GA > Rome
Rome, GA 30161,1410 Cave Springs Road Sw
Rome, GA 30161,1410 Cave Springs Road Sw
Rome, GA 30161,1410 Cave Springs Road Sw
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$1,250,000
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0.29 Acres Lot
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1410 Cave Springs Road Sw Rome, GA 30161

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Sherry Ajluni

Sherry Ajluni

+1(678) 283-1710

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7691157

Construction Status Resale

HOA Y/N No

Year Built 1950

Annual Tax Amount $8,475

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

De La Rosa Group is pleased to exclusively offer for sale The Cave Springs Apartments, a 12-unit multifamily property located at 1410 Cave Springs Road SW In Rome, GA. With a favorable unit mix, this 12-unit multifamily property in Rome, GA, presents a strong value-add investment opportunity. Current below-market rents and inactive laundromat, already stubbed with plumbing for 5 washers, and electrical for 6 dryers allows for additional income to be generated right away. The asset features a mix of one and two bedroom units, appealing to a broad tenant base. Recent renovations include interior and exterior paint, new kitchens in select units, new LVP in select units, newer roof, updated plumbing, updated lights fixtures, and LED common area lights to reduce costs. Additional space will also allow to incorporate vending machines, with large storage also attached to the building. Heavy work has been completed to the property, lowering investors initial capital expenditure.

Location

State GA

County Floyd

Lake Name None

Interior

Heating Wall Unit(s)

Cooling Wall Unit(s)

Flooring Luxury Vinyl

Window Features Double Pane Windows

Exterior

Parking Features Parking Lot

Fence None

Community Features None

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description None

View Y/N Yes

View Rural

Roof Type Shingle

Accessibility Accessible Approach with Ramp, Accessible Entrance

Handicap Access Accessible Approach with Ramp, Accessible Entrance

Private Pool false

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Alto Park

Middle Schools Pepperell

High Schools Pepperell

Others

Senior Community no

Tax ID I15W 144

Acceptable Financing Cash

Listing Terms Cash

Special Circumstances None

First Multiple Listing Service(FMLS)
Listed by UC Premier Properties

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Sherry Ajluni

Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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1410 Cave Springs Road Sw

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