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$8,500,000
465 W Red Bud Road, Calhoun, GA 30701
99 Beds
184 Baths
101,616 sqft

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This listing is actually for 3 different complexes located in Calhoun. 168 total bedrooms. Very detailed financials available for qualified buyers. CAP rate is between 8.5-10% depending on variables including price. Occupancy is between 97-100% for each location w/ substantial waiting list. NO deferred main. Units are in excellent cond. both structurally & cosmetically. Renovations were done with long term ownership in mind. Seller will stay on & manage the units for 6 months at no charge, then another 6 months for 6% of gross. Fee after that is negotiable. Mgemnt. & main. personnel can stay on as desired by buyer. DO NOT bother tenants!
  • Price:
  • $8,500,000
  • Bedrooms:
  • 99
  • Full Baths:
  • 96
  • Half Baths:
  • 88
  • Square Footage:
  • 101,616
  • Acreage:
  • 25.51
  • Listing ID #:
  • 114131
  • Street Address:
  • 465 W Red Bud Road
  • City:
  • Calhoun
  • State:
  • Georgia
  • Postal Code:
  • 30701
  • County:
  • Gordon
  • Community:
  • 12-Gordon Co
  • Subdivision:
  • None
  • Listing Status:
  • Under Contract
  • Listing Type:
  • Combination
3
out of 5

Calhoun Elementary School
Public
School Grade Level 3-5
School Students 1050 students
School Teachers 17 student/
teacher
2
out of 5

Calhoun Middle School
Public
School Grade Level 6-8
School Students 950 students
School Teachers 17 student/
teacher
2
out of 5

Calhoun High School
Public
School Grade Level 9-12
School Students 1170 students
School Teachers 15 student/
teacher
  • Exterior Features:
  • Other-See Remarks
  • Flooring:
  • Carpet, Laminate, Ceramic Tile, Vinyl, Other-See Remarks
  • Interior Features:
  • Cable Tv Available, Other-See Remarks, Laundry-Closet, Ceiling Fan(s), Cable Tv, Smoke Detector, Water Heater-Electric
  • Number Of Units:
  • 96
  • Siding:
  • Aluminum Siding, Hardiplank Type, Brick
  • Square Footage Source:
  • Owner
  • Stories:
  • 2
  • Style:
  • 3+ Sites Possible - Residential, Other-See Remarks, 3+ Buildings
  • Total # Of Buildings:
  • 10
  • Total Building Square Footage:
  • 101616
  • Type Of Roof:
  • Architectural, Metal
  • Unit1 Bedrooms:
  • 2
  • Unit1 Full Bathrooms:
  • 1
  • Unit1 Half Bathrooms:
  • 2
  • Unit2 Bedrooms:
  • 2
  • Unit2 Full Bathrooms:
  • 1
  • Unit2 Half Bathrooms:
  • 2
  • Unit3 Bedrooms:
  • 2
  • Unit3 Full Bathrooms:
  • 1
  • Unit3 Half Bathrooms:
  • 2
  • Unit4 Bedrooms:
  • 2
  • Unit4 Full Bathrooms:
  • 1
  • Unit4 Half Bathrooms:
  • 2
  • Unit5 Bedrooms:
  • 2
  • Unit5 Full Bathrooms:
  • 1
  • Unit5 Half Bathrooms:
  • 2
  • Unit6 Bedrooms:
  • 2
  • Unit6 Full Bathrooms:
  • 1
  • Unit6 Half Bathrooms:
  • 2
  • Windows:
  • Other Windows-See Remarks
  • Conforms To Zoning:
  • Res Hd
  • Lot Number:
  • 00
  • Lot Size:
  • 25-50 Acres
  • Lot Size Source:
  • Owner
  • Terms:
  • 1031 Exchange, Variable Rate Commission %
  • Tax Year:
  • 2017
  • Unit 1 Monthly Rent:
  • 650
  • Unit 2 Monthly Rent:
  • 433
  • Unit 3 Monthly Rent:
  • 433
  • Unit 4 Monthly Rent:
  • 650
  • Unit 5 Monthly Rent:
  • 575
  • Attic Present:
  • Access Hatch, Other-See Remarks
  • Kitchen:
  • Other Kitchen-See Remarks, Breakfast Area, Breakfast Bar
  • Other Rooms:
  • Other-See Remarks
  • Driveway:
  • Gravel, Asphalt, Concrete
  • Parking Description:
  • None, Carport - 1 Car
  • Appliances:
  • Vent Hood, Dishwasher, Oven/Range, Refrigerator
  • Existing Water:
  • Public
  • Heating Fuel:
  • Central, Heat Pump
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By RE/MAX Select Realty
  • CARPETGA