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
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.
More Information MLS# 1255016
Contract Information
Auction YN: No
Occupant Type: Tenant
Current Price: $2,295,000
Sold Price: $2,295,000
Status: Closed
Listing Contract Date: 2016-11-03
Property Sub Type: Apartment
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
General Property Information
Number Of Units Total: 44
Stories: 2
Living Area: 50324
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
Year Built: 1970
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
Status Change Timestamp: 2016-12-22
Major Change Timestamp: 2016-12-22T19:03:55Z
Major Change Type: Status Change
Under Contract Date: 2016-11-03
Close Date: 2016-12-06
Close Price: 2295000
Basement
Crawl Space: 1
Community Features
None: 1
Construction Materials
Brick: 1
Listing Terms
Conventional: 1
Owner May Carry: 1
Lot Features
Level: 1
Possession
Close Of Escrow: 1
Utilities
Sewer Connected: 1
Water Source
Public: 1
Cooling
Central Air: 1
Electric: 1
Foundation Details
Block: 1
Brick/Mortar: 1
Parking Features
Off Street: 1
Tenant Pays
Electricity: 1
Gas: 1
Sewer: 1
Water: 1
Current Financing
Conventional: 1
Levels
Two: 1
Heating
Central: 1
Electric: 1
Natural Gas: 1
Interior Features
Eat-in Kitchen: 1
Roof
Metal: 1
Shingle: 1
Unit 1
Unit Number: 1-44
Bedrooms: 2
Total Full Baths: 1
Total Half Baths: 1
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
Lock Box Type
None: 1
Historical Information
Public Historical Remarks 1: Owner Pays: None. Unit 1 Features: + Half Bath, 1 Bath.
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
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
Listing Office:
Coldwell Banker Pryor Realty
Last Updated: September - 09 - 2024
Information deemed reliable but not guaranteed.