222 Wilshire NE rd - Apartments FOR SALE


Rome, GA 30161
$1,275,000 USD
678-378-1050
222 Wilshire NE rd, Rome, GA for Sale
$1,275,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

222 Wilshire NE rd
Rome, GA 30161


HIGHLIGHTS

  • 4 sided brick
  • Garages on each unit
  • Lake view

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

11

PRICE/UNIT

$115,909

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.72 AC

LAND SF

205,603 SF

ZONING

M-R

APN/PARCEL ID

K13Z-396

ASK ABOUT THIS PROPERTY

Heath RogersHardy Realty & Development Co.More Info
678-378-1050

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Heath RogersHardy Realty & Development Co.More Info
678-378-1050

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