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1300 Stonehaven Circle

Cartersville, GA 30121
  • $795,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 10249237
$795,000
  • 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. Situated at addresses 300 (FMLS 7326658), 1300 (FMLS 7328349), and 1400 (FMLS 7328366), 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 $1,525 per month even before its market introduction. 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 receivedexterior 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 The Jarrett Martin Group | Corcoran Classic Living 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 The Jarrett Martin Group | Corcoran Classic Living. Data last updated: 2024-02-27T00:09:35.21.
www.jarrettmartingroup.com/homes/147252421
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1300 Stonehaven Circle Cartersville, GA 30121

  • Price: $795,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 10249237
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2005
Built
Neighborhood:
Stonehaven
County:
Bartow
Area:
Cartersville
Elementary School:
Other
Middle School:
Other
High School:
Other
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. Situated at addresses 300 (FMLS 7326658), 1300 (FMLS 7328349), and 1400 (FMLS 7328366), 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 $1,525 per month even before its market introduction. 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 receivedexterior 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 Stone Frame Garage YN No Levels Two Lot Size Area 1742.4 Lot Size Source Public Records Lot Size Units Square Feet Parking Features AssignedOver 1 Space per Unit Parking Total 8

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Ceiling Fan(s)Central AirElectric Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating CentralForced Air Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 3600 Association Fee Includes InsuranceMaintenance GroundsManagement Fee Association YN Yes Community Features Street Lights District - Green Energy Efficient AppliancesRoofWater Heater Gross Income 48180 Land Lot - New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi FamilyQuadruplex Section - Sewer Public Sewer Special Listing Conditions Investor Owned Structure Type Quadruplex Tax Annual Amount 2813 Tax Year 2022 Utilities Underground Utilities Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Sellect REALTORS, LLC: 770-509-0265. © 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 The Jarrett Martin Group | Corcoran Classic Living 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 The Jarrett Martin Group | Corcoran Classic Living. Data last updated: 2024-02-27T00:09:35.21.
 
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The Jarrett Martin Group | Corcoran Classic Living
940 Prince Ave STE C
Athens GA, 30606