621 Nicklesville Rd NE, Resaca, GA 30735
- Garage
- Yes
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Overview
Investor's Dream - 8-Unit Apartment Complex Discover a rare multi-family investment opportunity at 621 Nicklesville Rd. This well-maintained property features eight apartments-six spacious 3-bedroom, 1-bath units and two comfortable 2-bedroom, 1-bath units-offering strong rental appeal for families and individuals alike. Each unit is thoughtfully designed for functional living, with generous floor plans and plenty of natural light. The property is conveniently located near local shops, schools, and major roadways, ensuring steady tenant demand. With multiple income-producing units under one roof, this property is ideal for investors looking to expand their portfolio with consistent cash flow potential. Whether you're a seasoned landlord or new to multi-family investing, 621 Nicklesville Rd is a solid choice for long-term returns. Annual totals: Annual Income: $88,200 Annual Expenses: $13,920 NOI: $74,280 Cap Rate (at $1.4M list price): ~5.31% Key Features: 8 total apartments (6) 3-bedroom, 1-bath units (2) 2-bedroom, 1-bath units Prime location near river Strong rental demand area Don't miss your chance to secure a turnkey investment property in a growing market.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Lot size (acres)
- 1
- Year built
- 1987
Garage and parking
- Garage parking spaces
- 20
Utilities
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Sewer
- Septic System
- Water
- Public Water
Estimated monthly costs
- Insurance
- $579
Taxes
- Tax Annual Amount (2024)
- $3,446
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Georgia MLS MLS®#: 10584705 Last checked: …
