0 Clou Cloud Springs & Cross Street, Fort Oglethorpe, GA 30742 (MLS# 1255016)

0 Clou Cloud Springs & Cross Street, Fort Oglethorpe, GA 30742

$2,295,000

Property Type: Residential Income Square Footage: 50,324 Lot Size (sq. ft.): 169,448 Status: Closed

Current Price: $2,295,000 List Date: 11/03/2016 Last Modified: 9/09/2024

Overview

Description

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

Supplements: 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.

Listing Details MLS# 1255016

General Property Information

Number Of Units Total: 44
Stories: 2
Living Area: 50324
Year Built: 1970
New Construction YN: No
Home Warranty YN: No
Garage YN: No
Attached Garage YN: No
Carport YN: No
Lot Size Acres: 3.89
Lot Size Square Feet: 169448.4
Lot Size Dimensions: 3.89 acres
Association YN: No
View YN: No
Waterfront YN: No
Basement YN: Yes
Fireplace YN: No
List Price/SqFt: 45.6
Sold Price/SqFt: 45.6

Property Features

Basement: Crawl Space Community Features: None Construction Materials: Brick Cooling: Central Air; Electric Current Financing: Conventional Foundation Details: Block; Brick/Mortar Heating: Central; Electric; Natural Gas Interior Features: Eat-in Kitchen Levels: Two Listing Terms: Conventional; Owner May Carry Lot Features: Level Parking Features: Off Street Possession: Close Of Escrow Roof: Metal; Shingle Tenant Pays: Electricity; Gas; Sewer; Water Utilities: Sewer Connected Water Source: Public Lock Box Type: None

Contract Information

Auction YN: No
Listing Contract Date: 2016-11-03
Property Sub Type: Apartment
Occupant Type: Tenant

Location Tax and Legal

Street Number: 0 Clou
Street Name: Cloud Springs & Cross
Street Suffix: Street
County: Catoosa
State: GA
Postal Code: 30742
Subdivision Name: Green Acres

Remarks and Miscellaneous

Public Remarks: 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
Directions: I-75 SOUTH, CLOUD SPRINGS EXIT, TURN RIGHT ON CLOUD SPRINGS ROAD, PROPERTY AT CORNER OF CLOUD SPRINGS ROAD AND CROSS STREET.

Status Change Information

Major Change Timestamp: 2016-12-22T19:03:55Z
Major Change Type: Status Change
Status Change Timestamp: 2016-12-22
Under Contract Date: 2016-11-03
Close Date: 2016-12-06
Close Price: 2295000

More Information

Unit 1

Unit Number: 1-44
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: Yes
Kitchen: Yes
Living Room: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes

License Number Info

Listing Agent’s State of Licensure: GA
Listing Agent’s License Number: 184112
Listing Office’s State of Licensure: GA
Listing Office’s License Number: 6046

Historical Information

Public Historical Remarks 1: Owner Pays: None. Unit 1 Features: + Half Bath, 1 Bath.

Location, Tax, and Legal

Parcel Number: 0002b-112 & 0002b-113
Office Exclusive: No
Elementary School: Cloud Springs Elementary
Middle Or Junior School: Lakeview Middle
High School: Lakeview-Ft. Oglethorpe
Tax Annual Amount: 12201.31
Tax Legal Description: Green Acres Sub Landlot:49 Landdist 9/4
Deed Book: 677
Deed Page: 512

Basement

Crawl Space: Yes

Community Features

None: Yes

Construction Materials

Brick: Yes

Listing Terms

Conventional: Yes
Owner May Carry: Yes

Lot Features

Level: Yes

Possession

Close Of Escrow: Yes

Utilities

Sewer Connected: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Electric: Yes

Foundation Details

Block: Yes
Brick/Mortar: Yes

Parking Features

Off Street: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Current Financing

Conventional: Yes

Levels

Two: Yes

Heating

Central: Yes
Electric: Yes
Natural Gas: Yes

Interior Features

Eat-in Kitchen: Yes

Roof

Metal: Yes
Shingle: Yes

Lock Box Type

None: Yes

Listing Office: Coldwell Banker Pryor Realty

Last Updated: September - 09 - 2024

Information deemed reliable but not guaranteed.