Price Reduction
Address
460 Richardson Rd Calhoun, GA
Price
$ 1,995,000
Property Attributes
  • MLS#8046306
  • TypeMulti-Family
  • CountyGORDON
  • CityCalhoun
  • AreaGdn2
  • NeighborhoodBagwell Apartments
  • Zip30701
  • StyleApartments (5+ Units)
  • Year Built1978
  • Taxes5273
  • Price$ 1,995,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2826
  • Lot Size1.96 Acres
Listing Provided Courtesy Of:
Craig McDaniel with Toles, Temple & Wright, Inc..
Property Description

44 units in Calhoun, Georgia in Gordon County. One mile from I-75. 24 one bedroom units and 20 two bedroom units. One section was constructed in 1978 and the newest section in 1985. These are family built, owned and managed. The owners have kept the monthly rent at a level where there has been very little turnover. There is substantial upside once rent rates are adjusted to meet local comps. These units are total brick and are located close to shopping, schools and healthcare. New roofs were installed in fall of 2017. Good employment base of manufacturing, logistics and service industry jobs in the community. The complex showed a net of $151,621.91 revenue over expenses for 2017. Financials and rent rolls are available through listing agent.

Elementary School Middle School High School
Calhoun City Elementary School Calhoun City Middle School Calhoun City High School
Price History
8/3/2016 Listed $2,268,000
11/17/2017 13% - $1,995,000

General Features

Construction Brick 4 Sided
Construction Status Resale
Cooling Source Electric
Elementary School Calhoun City
Heating Source Electric
High School Calhoun City
Listing Area GDN2
Listing Status Active
Middle School Calhoun City
Multi Type Apartments (5+ Units)
Subdivision Bagwell Apartments
Type Multifamily
Unit Number (unit 1) 1
Unit Number (unit 2) 2
Unit Number (unit 3) 3
Unit Number (unit 4) 4
Unit Rent Includes4 Garbage, Gas, Water/Sewer

Interior Features

Baf (unit 1) 1
Baf (unit 2) 1
Baf (unit 3) 1
Baf (unit 4) 1
Basement Slab/None
Br (unit 1) 1
Br (unit 2) 1
Br (unit 3) 2
Br (unit 4) 2
Cooling Central
Heating Central
Total Fin Area (unit 1) 480
Total Fin Area (unit 2) 504
Total Fin Area (unit 3) 960
Total Fin Area (unit 4) 882
Total Number of Units 44

Exterior Features

Acreage Source Public Record
Lot Size Area 1.96
Water/Sewer Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 30701

Price
AVG $750K
$2M
Taxes
AVG $2,351
$5,273
Visits
AVG 105
302
Year Built
AVG 1994
1978
Walkscore
AVG 29
29

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