H2208 - Sullivan's largest multi-family complex, the Garden Apartments, is finally on the market and looking for a new Owner. This 2 building complex houses 14 - 2 bedroom units (2 are currently being used for storage and are not rented or renovated), and 9 - 3 bedroom units. As per the attached pictures, many units have recently been extensively renovated. All units have newer Trane electric furnaces and central air as well as low E windows. Both buildings have newer roofs, one of which is only 4 years old. One unit is being temporarily kept from the rental pool to allow Investors to see a sample unit without disturbing tenants. Operational income and expense reports are available for qualified and serious potential buyers who are looking for a CAP rate approaching 8%, with the potential (based on area rental amounts) to be closer to 10%.
Closed
Zillow last checked:
Listing updated:
Bought with:
Dave F Plant, 2003016917
Coldwell Banker Reeves
Source: MARIS,MLS#: 24013730
Originating MLS: Franklin County Board of REALTORS
Originating MLS: Franklin County Board of REALTORSPrice history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for rent | $850+30.8% |
Source: Zillow Rentals Report a problem | ||
| 4/30/2026 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 3/17/2026 | Price change | $650-23.5% |
Source: Zillow Rentals Report a problem | ||
| 2/27/2026 | Price change | $850+30.8% |
Source: Zillow Rentals Report a problem | ||
| 1/27/2026 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 12/3/2025 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 11/12/2025 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 7/3/2024 | Sold | -- |
Source:  MARIS #24013730 Report a problem | ||
