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57 Mill St 4 Unit Apartment Building Offered For Sale Cave Spring, GA 30124
Investment Highlights
- Four-unit building with utilities and major systems already roughed in, minimizing construction timelines.
- Walkable access to downtown Cave Spring and local retail destinations.
- Located across from Cave Spring Park and close to historic Rolator Park, providing community engagement benefits.
- Positioned near regional roadways for connectivity to Rome and broader Floyd County business districts.
Executive Summary
This multifamily property at 57 Mill Street, located in the heart of Cave Spring, offers a unique investment opportunity with four units positioned at the sheetrock stage and ready for completion. Each unit is designed with two bedrooms and one bathroom, presenting strong rental income potential once finished. All major systems have been roughed in, and building materials are included in the sale, reducing completion costs for investors.
The property sits directly across from Cave Spring Park and is within walking distance of downtown amenities and the historic Rolator Park. This location ensures proximity to local restaurants, retail shops, and community conveniences, strengthening long-term occupancy appeal. With foreclosure conditions allowing flexible offer terms and seller responsiveness within 48 hours, this asset is ideal for value-add investors seeking entry into the multifamily market in Floyd County.
The property sits directly across from Cave Spring Park and is within walking distance of downtown amenities and the historic Rolator Park. This location ensures proximity to local restaurants, retail shops, and community conveniences, strengthening long-term occupancy appeal. With foreclosure conditions allowing flexible offer terms and seller responsiveness within 48 hours, this asset is ideal for value-add investors seeking entry into the multifamily market in Floyd County.
Property Facts
| Sale Type | Investment | Building Size | 3,960 SF |
| No. Units | 4 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2010 |
| Lot Size | 0.28 AC | ||
| Zoning | res/comm lot/w Improvemen - pulled from Public Record | ||
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.28 AC |
| Building Size | 3,960 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2010 |
| Zoning | res/comm lot/w Improvemen - pulled from Public Record |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+4 | 4 | - | 990 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | E19X-285 | Improvements Assessment | $84,285 CAD |
| Land Assessment | $3,416 CAD | Total Assessment | $87,701 CAD |
Property Taxes
Parcel Number
E19X-285
Land Assessment
$3,416 CAD
Improvements Assessment
$84,285 CAD
Total Assessment
$87,701 CAD
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57 Mill St
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