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300 Stonehaven Circle

Cartersville, GA 30121
  • $740,000
  • STATUS: Closed
  • ON SITE: 26 Days
  • MLS #: 10291916
Sold - 05/24/2024
$740,000
SOLD - 05/24/2024
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2005
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

ATTENTION INVESTORS!! Don't miss this once-in-a-decade opportunity! This listing highlights a building along with two additional properties, available for individual or portfolio purchase. These sites have been extensively renovated and maintained, showcasing a range from significant updates to complete overhauls. These buildings stand out with high occupancy rates, further driven by strong demand, highlighted by the leasing of the most recent unit for $1,555 per month and $125 AOA Fee paid by tenants. GROWTH OPPORTUNITY: The investment appeal is significantly enhanced by the projection of over 5,000 new jobs in the area, anticipated to materialize over the coming years. Couple that with increased rents across multiple units and you've got all the ingredients for a successful cash flow and equity play for the future. OWNER OCCUPANT INVESTORS: For those interested in owner-occupant investor financing, strategic vacancies have been maintained to support such financing options. Reach out today to learn more about this opportunity! Recent upgrades across the properties include comprehensive renovations of buildings 300, 1300, and 1400. Notably, buildings 1300 and 1400 have received exterior paint and maintenance, HVAC systems, and water heaters, aligning with the portfolioCOs commitment to quality and comfort. Building 300, while offered at a special price due to the absence of new HVAC systems, also benefits from these widespread improvements, including new appliances, fresh paint, and updated flooring. Each unit offers spacious accommodation with three bedrooms and two full bathrooms, totaling twelve bedrooms and eight bathrooms in each quadruplex. Please note that the floor plan provided is for illustrative purposes only; actual unit layouts may vary, incorporating potential reversals or the addition of a bay window.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Boomer Lee Homes | Next Move Real Estate are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Boomer Lee Homes | Next Move Real Estate. Data last updated: 2024-05-29T00:10:34.207.
www.boomerleehomes.com/homes/150146373
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300 Stonehaven Circle Cartersville, GA 30121

  • Price: $740,000
  • Status: Closed
  • On Site: 26 Days
  • Updated: 166 min ago
  • MLS #: 10291916
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2005
Built
Neighborhood:
Stonehaven
County:
Bartow
Area:
Cartersville
Elementary School:
Cloverleaf
Middle School:
South Central
High School:
Cass
Property Description
ATTENTION INVESTORS!! Don't miss this once-in-a-decade opportunity! This listing highlights a building along with two additional properties, available for individual or portfolio purchase. These sites have been extensively renovated and maintained, showcasing a range from significant updates to complete overhauls. These buildings stand out with high occupancy rates, further driven by strong demand, highlighted by the leasing of the most recent unit for $1,555 per month and $125 AOA Fee paid by tenants. GROWTH OPPORTUNITY: The investment appeal is significantly enhanced by the projection of over 5,000 new jobs in the area, anticipated to materialize over the coming years. Couple that with increased rents across multiple units and you've got all the ingredients for a successful cash flow and equity play for the future. OWNER OCCUPANT INVESTORS: For those interested in owner-occupant investor financing, strategic vacancies have been maintained to support such financing options. Reach out today to learn more about this opportunity! Recent upgrades across the properties include comprehensive renovations of buildings 300, 1300, and 1400. Notably, buildings 1300 and 1400 have received exterior paint and maintenance, HVAC systems, and water heaters, aligning with the portfolioCOs commitment to quality and comfort. Building 300, while offered at a special price due to the absence of new HVAC systems, also benefits from these widespread improvements, including new appliances, fresh paint, and updated flooring. Each unit offers spacious accommodation with three bedrooms and two full bathrooms, totaling twelve bedrooms and eight bathrooms in each quadruplex. Please note that the floor plan provided is for illustrative purposes only; actual unit layouts may vary, incorporating potential reversals or the addition of a bay window.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Garage YN No Levels Two Lot Size Area 1742.4 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Over 1 Space per Unit Parking Total 6

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating CentralElectric Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes Maintenance GroundsTrash Association YN Yes Community Features SidewalksStreet Lights District 4 Es Bus Yn Yes Gross Income 0 Hs Bus Yn Yes Land Lot 191 Listing Terms 1031 ExchangeCashConventionalFHA Ms Bus Yn Yes New Construction YN No Property Condition Resale Property Sub Type Multi FamilyQuadruplex Sewer Public Sewer Special Listing Conditions Investor Owned Structure Type Quadruplex Tax Annual Amount 5856 Tax Year 2023 Utilities Water Individual Meters Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Re/Max Town & Country: 404-410-2927. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Boomer Lee Homes | Next Move Real Estate are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Boomer Lee Homes | Next Move Real Estate. Data last updated: 2024-05-29T00:10:34.207.
 
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