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The Gables Apartments 514 Riddleville Rd 6 Unit Apartment Building $2,071,800 CAD ($345,300 CAD/Unit) Sandersville, GA 31082
Investment Highlights
- 100% Occupied Apartment Complex For Sale!
- Ample Acreage Allows for Expansion
- All Utilities to Site
- Two Triplex Buildings On Site
- Corner Lot with Good Proximity to Area Schools, Grocery, Retail, Restaurants
- Ample Paved Parking
Executive Summary
The Gables Apartments in Sandersville are now available for sale! The apartments are 100% occupied, and have all utilities available, with shared paved parking on site. Currently, the property consists of two tri-plex buildings with three units per building. Each building contains two 3 bed/2 bath units, and one 2 bed/2½ bath unit. The property has room to expand and build two more buildings in the rear.
Located on Riddleville Road, just 0.5 miles from South Harris Street, Sandersville’s main retail corridor. Neighbors in the area include Washington County High School, Ridge Road Elementary School, IGA grocery store, Sandersville Veterinary Clinic, Georgia Military College Sandersville, ACE Hardware, McDonald’s, Captain D’s, KFC, Taco Bell, Jack’s Family Restaurant, and may other local and national retail and restaurant establishments.
Located on Riddleville Road, just 0.5 miles from South Harris Street, Sandersville’s main retail corridor. Neighbors in the area include Washington County High School, Ridge Road Elementary School, IGA grocery store, Sandersville Veterinary Clinic, Georgia Military College Sandersville, ACE Hardware, McDonald’s, Captain D’s, KFC, Taco Bell, Jack’s Family Restaurant, and may other local and national retail and restaurant establishments.
Property Facts
| Price | $2,071,800 CAD | Lot Size | 2.39 AC |
| Price Per Unit | $345,300 CAD | Building Size | 9,300 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 1.94/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | R1 - Residential | ||
| Price | $2,071,800 CAD |
| Price Per Unit | $345,300 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.39 AC |
| Building Size | 9,300 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 1.94/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R1 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Carpet
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,685 |
| 2+2.5 | 2 | - | 1,280 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 095 055 | Improvements Assessment | $413,406 CAD |
| Land Assessment | $6,219 CAD | Total Assessment | $419,625 CAD |
Property Taxes
Parcel Number
095 055
Land Assessment
$6,219 CAD
Improvements Assessment
$413,406 CAD
Total Assessment
$419,625 CAD
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The Gables Apartments | 514 Riddleville Rd
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