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
18+ acre site,one of the last undeveloped pieces of its size inside the Athens Loop.Formerly belonging to Wilkins Properties,it was the home to a sewing plant where women's jeans & other pants were made for much of its history.According to the New York Times,it was the site of the 1st business in Athens to integrate African-American women into the industrial workforce.3 major mill buildings,an administration building & 2 smaller buildings,encompassing approximately 188,000 sq ft of space.Zoned multi-family,& there's plenty of space for parking.Over half the land is undeveloped,so green space is at a premium.There are easements on the building facades that provide significant local tax breaks for the owner & there are opportunities for mill redevelopment tax
This 18-acre-plus site is one of the last undeveloped pieces of its size inside the Athens Loop. Formerly belonging to Wilkins Properties, it was the home to a sewing plant where women's jeans and other pants were made for much of its history. According to the New York Times, it was the site of the first business in Athens to integrate African-American women into the industrial workforce. It boasts three major mill buildings, an administration building and two smaller buildings, encompassing approximately 188,000 square feet of space. It's zoned multi-family, and there's plenty of space for parking. Well over half the land is undeveloped, so green space is at a premium. Plus, there are easements on the building facades that provide significant local tax breaks for the owner--and there are opportunities for mill redevelopment tax breaks on both the federal and state levels to help offset the cost of the project.
EXCELLENT INVESTMENT INCOME PROPERTY! 30 units, all brick, all 2 bedroom 2 full bath units ON 3.87 ACRES. All units are on ground level. Great location, close to schools, shopping and hospital. LISTED PRICE IS AT $41.52 PER SQFT. OR $47,375 PER UNIT. MAI BANK APPRAISAL DONE 11/21/13 CALL AGENT FOR DETAILS.
11K in monthly rent. 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.