514 Riddleville Rd - Apartments FOR SALE


Sandersville, GA 31082
$1,500,000 USD
478-951-5100
514 Riddleville Rd, Sandersville, GA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

514 Riddleville Rd
Sandersville, GA 31082


HIGHLIGHTS

  • 100% Occupied Apartment Complex For Sale!
  • Two Triplex Buildings On Site
  • Ample Acreage Allows for Expansion
  • Corner Lot with Good Proximity to Area Schools, Grocery, Retail, Restaurants
  • All Utilities to Site
  • Ample Paved Parking

OVERVIEW

The Gables Apartments in Sandersville are now available for sale! The apartments are 100% occupied, and have all utilities available, with shared paved parking on site. Currently, the property consists of two tri-plex buildings with three units per building. Each building contains two 3 bed/2 bath units, and one 2 bed/2½ bath unit. The property has room to expand and build two more buildings in the rear. Located on Riddleville Road, just 0.5 miles from South Harris Street, Sandersville’s main retail corridor. Neighbors in the area include Washington County High School, Ridge Road Elementary School, IGA grocery store, Sandersville Veterinary Clinic, Georgia Military College Sandersville, ACE Hardware, McDonald’s, Captain D’s, KFC, Taco Bell, Jack’s Family Restaurant, and may other local and national retail and restaurant establishments.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$161 USD /SF

# OF UNITS

6

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Gables Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

18

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,108 SF

ZONING

R1

APN/PARCEL ID

095 055

ASK ABOUT THIS PROPERTY

Patty BurnsFickling & CompanyMore Info
478-951-5100

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Patty BurnsFickling & CompanyMore Info
478-951-5100

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