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465 Red Bud Rd
Calhoun, GA 30701

Garden Heights Apartments · Multifamily Property For Sale · 96 Units

PROPERTY FACTS

No. Units 96
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.64 AC
Building Size 45,856 SF
Average Occupancy 98%
No. Stories 2
Year Built 1982
Parking Ratio 1.57/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer Hookup
  • Heating
  • Hardwood Floors
  • Refrigerator

Site Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Smoke Free
  • Maintenance on site
  • Walk-Up

About 465 Red Bud Rd , Calhoun, GA 30701

This listing is actually for 3 different complexes located in Calhoun. 168 total bedrooms. Very detailed financials available for qualified buyers. CAP rate is between 8.5-10% depending on variables including price. Occupancy is between 97-100% for each location w/ substantial waiting list. NO deferred main. Units are in excellent cond. both structurally & cosmetically. Renovations were done with long term ownership in mind. Seller will stay on & manage the units for 6 months at no charge, then another 6 months for 6% of gross. Fee after that is negotiable. Mgemnt. & main. personnel can stay on as desired by buyer. DO NOT bother tenants! Contact listing agent for more info. & pics.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 48 $671.50 955

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C37-037
Land Assessment
$19,600
Improvements Assessment
$576,160
Total Assessment
$595,760

zoning

Zoning Code R-1
R-1
  • Listing ID: 15550102

  • Date on Market: 3/26/2019

  • Last Updated:

  • Address: 465 Red Bud Rd, Calhoun, GA 30701

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