A MUST SEE. 44 TOWNHOUSE STYLE APARTMENTS WITH 2 BEDROOMS AND 1.5 BATHS EACH UNIT. THERE ARE 10 TWO LEVEL BUILDINGS FOR A TOTAL OF 50324 SQUARE FEET (EACH UNIT IS 1150 SQUARE FEET) WITH A SEPARATE OFFICE BUILDING (600 SF), STORAGE BUILDING AND CENTRALIZED MAIL STATION. BUILDING STRUCTURE IS BRICK VENEER OVER WOOD FRAMING WITH A COLONIAL DESIGN. EACH UNIT INCLUDED LARGE EAT-IN-KITCHEN WITH RANGE, DISHWASHER, REFRIGERATOR & CEILING FAN, HALF BATH AND LAUNDRY CLOSET AND LARGE LIVING ROOM ON MAIN LEVEL, TWO LARGE BEDROOMS WITH SHARED BATH UPSTAIRS. **UPGRADES**: 8 BUILDINGS WITH METAL ROOF IN 2011 AND 2012, NEW CURVES IN 2011, 31 UNITS HAVE BEEN RENOVATED, 20 UNITS AND OFFICE BUILDING WITH NEW WINDOWS IN 2013 and 2014, NEW CONCRETE WALK-A-WAY IN 2013, PARKING SPACE PAVED IN 2013, ALL UNITS WITH DIGITAL THERMOSTAT, GAS HTG AND ELEC. COOLING SYSTEM, STREET LIGHTS AND SECURITY CAMERAS FOR SECURITY, EACH UNIT WITH 2 PARKING SPACES, RENT RANGE FROM $650-$750. 99% OCCUPIED. THE PROPERTY IS ON CLOUD SPRINGS ROAD, CROSS STREET, FERNWOOD DRIVE AND GREEN WAY. PROPERTY LOCATED AT THE CORNER OF CLOUD SPRINGS ROAD AND CROSS STREET. CONVENIENT TO CHATTANOOGA, I-75 AND 24. A MUST SEE. THE OWNER KEEP MAKING UPDATINGS. THERE IS WAITING LIST TO LEASE.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 0 Cloud Springs Rd, Fort Oglethorpe, GA 30742 is currently for sale.
0 Cloud Springs Rd, Fort Oglethorpe is listed for $2,300,000.
This property has approximately 50,324 square feet.
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