1410 Cave Springs Road SW,Rome, GA 30161
Rome, GA 30161
Description
Rudhil Commercial is pleased to exclusively offer for sale The Cave Springs Apartments, a 12-unit multifamily property located at 1410 Cave Springs Road SW In Rome, GA. With a favorable unit mix, this 12-unit multifamily property in Rome, GA, presents a strong value-add investment opportunity. Current below-market rents and inactive laundromat, already stubbed with plumbing for 5 washers, and electrical for 6 dryers allows for additional income to be generated right away. The asset features a mix of one and two bedroom units, appealing to a broad tenant base. Recent renovations include interior and exterior paint, new kitchens in select units, new LVP in select units, newer roof, updated plumbing, updated lights fixtures, and LED common area lights to reduce costs. Additional space will also allow to incorporate vending machines, with large storage also attached to the building. Heavy work has been completed to the property, lowering investors initial capital expenditure.
Details
| MLS # | 10834415 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 40 |
| Listing Provided By | Rudhil Companies, LLC | Johan Cabrera Osorio |
Features
| Story(s) | 2 |
|---|---|
| Units | 12 |
| Acreage | 0.29 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Other |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Block |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Assigned, Off Street |
Utilities
| Utilities | Other |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 9428 |
|---|---|
| Tax Year | 2025 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Floyd |
| City | Rome |
| Zip Code | 30161 |
| Area | Floyd |
| School District | Pepperell |
| Elementary School | Alto Park |
| High School | Pepperell |
| Listing VS Median (in 30161) | |
Price: $1,150,000 low | high Med: $165,000 On site: 40 low | high Med: 260 | |
Market Activity 30161
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Learn More About This Property
| State | GA |
|---|---|
| County | Floyd |
| City | Rome |
| Zip Code | 30161 |
| Area | Floyd |
| School District | Pepperell |
| Elementary School | Alto Park |
| High School | Pepperell |
| Listing VS Median (in 30161) | |
Price: $1,150,000 low | high Med: $165,000 On site: 40 low | high Med: 260 | |