GREAT INVESTMENT PROPERTY IN FORT OGLETHORPE, GEORGIA. BIG RETAILERS TARGET FORT OGLETHORPE, GA, CLOSE TO COSTCO, CABELA'S, I-75 & 24 AND CHATTANOOGA. 44 TOWNHOUSE STYLE APARTMENTS WITH 2 BEDROOMS AND 1.5 BATHS. THERE ARE 10 TWO LEVEL BUILDINGS FOR A TOTAL OF 50,324 SQUARE FEET(EACH UNIT IS 1150 SQUARE FEET) WITH A SEPARATE OFFICE BUILDING (600 SF), STORAGE BUILDING AND CENTRALIZED MAIL STATION. BUILDING STRUCTURE IS BRICK VENEER OVER WOOD FRAMING WITH A COLONIAL DESIGN. EACH UNIT WITH LARGE LIVING ROOM, LARGE EAT-IN-KITCHEN WITH RANGE, DISHWASHER, REFRIGERATOR & CEILING FAN, HALF BATH AND LAUNDRY CLOSET ALSO ON MAIN LEVEL, TWO LARGE BEDROOMS WITH SHARED BATH UPSTAIRS. UPGRADES) 8 BLDGS WITH METAL ROOF IN 2011 & 2012, NEW CURVES IN 2011, 39 UNITS & OFFICE BUILDING W/ NEW DOUBLE PANE WINDOW IN 2013, 2014, 2015 AND 2016, NEW CONCRETE WALK-A-WAY IN 2013, PARKING SPACE PAVED IN 2013 AND RESEALED IN 2015, ALL UNITS WITH DIGITAL THERMOSTATE, CENTRAL HTG AND AIR. EACH UNIT WITH 2 PARKING SPACES, RENT RANGE FROM $675 TO $725.00. 97% OCCUPIED. THE PROPERTY IS ON CLOUD SPRINGS ROAD, CROSS STREET, FERNWOOD DRIVE AND GREEN WAY.
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