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713 Old Coffee Rd
Nashville, GA 31639
Cypress Woods · Multifamily Property For Sale · 16 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 3.76 AC |
| Property Type | Multifamily | Building Size | 12,544 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Building Class | C | Parking Ratio | 3.19/1,000 SF |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.76 AC |
| Building Size | 12,544 SF |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 3.19/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Refrigerator
- Oven
- Range
Site Amenities
- Pond
About 713 Old Coffee Rd , Nashville, GA 31639
Under contract pending DDP deadline of April 30, 2020. Back-up offers are welcomed and will be considered. Call John Courson @ 229-251-4632 for details. Cypress Woods Apts is a rare value-add opportunity for an affordable multi-family complex in Nashville, GA. Sixteen 2BR/1BA flat units each w/ same ±784 sf floorplan and individually metered for power. Water/sewer/trash included in the rent. Efficient design includes big BRs & closets with carpet. Vinyl in kitchen and baths. Real wood exteriors recently repainted and new roofs in 2019 (Tamko w/ 25 yr warranty) to minimize upkeep going forward. ±3.76 acres with a serene pond on site allows residents / guests to enjoy the view and greenspace and take pride in this complex! Potential to add units to increase density. Several long-term tenants in place with current rents ranging from $410-$495. Upside potential to push rents up as Nashville has limited options for apartment complexes like this landmark property. 11.52% proforma cap rate at $495 monthly rents - 40% operating expense factor.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | $495.00 | 784 |
PROPERTY TAXES
| Parcel Number | N14-141-000 | Improvements Assessment | $156,037 |
| Land Assessment | $15,913 | Total Assessment | $171,950 |
PROPERTY TAXES
zoning
| Zoning Code | R-6 (multi-family) |
| R-6 (multi-family) |
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