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, 6 UNITS AND OFFICE BUILDING WITH NEW WINDOWS IN 2013, 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 $600-$650. 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.
Age: 41-50 Years Old
Amenities: Basement, Security System, Security System
7 Unit Apt Complex in D'town Marietta! 7 of 7 are in Long Term Leases. Tremendous Land Value. Gross Annual Income 65K. Zoned Comm w/G'father Status of Res. 8 Parking Spaces/Room for More. Rd Frontage: 104 ft. Completely Renovated to Match the Era. All Utils on Site. Historic Bldg, Unique to the Area
Sold as group only. 11 Highly Renovated Duplexes (22 units total) on busline and close to UGA. 100% occupied- turn key investment. Vaulted ceilings and open floor plan. Quiet street. 250K in Capital improvements in 2013 included: New interior and exterior paint, eight new Roofs, 14 units have new wood privacy fences, all new flooring, new granite counters, new Stainless Steel appliances including microwave (5 have white), new light fixtures, New all electric HWT, new all electric HVAC inside and outside unit, Two units have new Travertine Backsplash! Move in ready! Other 8 units have long term tenants. Contact agent for proforma, list of improvements, and rent roll. Owner/Agent.
Cypress Villas- Great rental investment location. 8 Unit complex all units are 3 bedroom 2.5 bath spacious units. All appliances are included, nice decks on the back, with storage area. Nice paved parking lot greatly landscaped.