SOLD 20 unit apartment complex watercolor apartments 53 & 55 Wheeler Road, ROCKMART $1,200,000
20 Unit, 3 Building, Apartment Complex with immediate rental income. 2 buildings offer 7 units each and 1 building has 6 units. Units are 90% leased and occupancy rate appears to be stable. Units have had recent updates in 2018. Each apartment is 2 Bedrooms and 1 Bath and average 865 +- SF. Gravel road access and parking. All buildings are sold "AS IS".
20 Units in 3 Buildings
90% Leased for Immediate Rental Income
Each Unit is 2 Bedrooms and 1 Bath and Average 865 +- SF
Convenient to Major Retail, Dining Corridor on Nathan Dean Parkway & Silver Comet Trail
2019 Taxes are $8760 for Both Buildings
LOCATION: Take Hwy 278 West through Rockmart toward Cedartown, Left on Wheeler Road, Apartments will be on the left.
ACCESS/FRONTAGE: Wheeler Road
SIZE: 6.6 Acres
ZONING: Residential
TERRAIN: Rolling
MINERALS: N/A
UTILITIES: All Utilities
SHOWING/NOTES:Buyer and/or Agents Must Notify Mike Garrett of Intent to View/Tour. Shown by Appointment Only.
