18 Blossom Ln - Apartments FOR SALE


Rossville, GA 30741- Westside
$2,996,911 USD
423-326-7878
18 Blossom Ln, Rossville, GA for Sale
$2,996,911 USD
Apartments - FOR SALE
1/24
null | 5.18% Cap Rate

18 Blossom Ln
Rossville, GA 30741
Westside


HIGHLIGHTS

  • 16-Unit 55+ Apartment Community
  • 94% Occupied with Immediate Upside
  • Stable In-Place Cash Flow
  • Extensive Capital Improvements Through 2026
  • Multiple HVAC Replacements
  • Numerous Water Heater Upgrades

OVERVIEW

16-Unit 55+ Apartment Community | 94% Occupied | Strong In-Place Cash Flow | Extensive Capital Improvements Through 2026 | Long-Term Ownership Since 2008 | 11,016 SF on 1.14 Acres | Stable Tenant Base | Chattanooga MSA Location | Multiple HVAC & Water Heater Replacements | Smoke-Free Community | Limited Deferred Maintenance | Value Preservation Asset | Growing Senior Housing Demand | Rossville, GA

FOR SALE DETAILS

PRICE

$2,996,911 USD

PRICE/SF

$272 USD /SF

# OF UNITS

16

PRICE/UNIT

$187,307

CAP RATE

5.18%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Liberty Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

Commercial

APN/PARCEL ID

00020-041

ASK ABOUT THIS PROPERTY

Ashley MisselBrockman Missel GroupMore Info
423-326-7878

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Ashley MisselBrockman Missel GroupMore Info
423-326-7878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.