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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.

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Watercolor Apts brochure.pdf
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