Description
Rudhil Commercial is pleased to exclusively offer for sale The Cave Springs Apartments, a 12-unit multifamily property located at 1410 Cave Springs Road SW In Rome, GA. With a favorable unit mix, this 12-unit multifamily property in Rome, GA, presents a strong value-add investment opportunity. Current below-market rents and inactive laundromat, already stubbed with plumbing for 5 washers, and electrical for 6 dryers allows for additional income to be generated right away. The asset features a mix of one and two bedroom units, appealing to a broad tenant base. Recent renovations include interior and exterior paint, new kitchens in select units, new LVP in select units, newer roof, updated plumbing, updated lights fixtures, and LED common area lights to reduce costs. Additional space will also allow to incorporate vending machines, with large storage also attached to the building. Heavy work has been completed to the property, lowering investors initial capital expenditure.
Address
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Address: 1410 Cave Springs Road Sw, Rome, Georgia 30161
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City: Rome
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State/county: GA
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Zip/Postal Code: 30161
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Area: N/A
Details
Updated on August 28, 2026 at 2:43 am-
Property ID 7828447
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Price $1,150,000
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Land Area 0.29 m²
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Year Built 1950
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Property Type Other, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms 1031 Exchange, Cash
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Roof Shingle
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Utilities Electricity Available, Natural Gas Available
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Sewer Public Sewer
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Cooling Wall Unit(s)
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Heating Wall Unit(s)
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County Floyd - GA
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Property Type Residential Income
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Parking Parking Lot
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Elementary School Alto Park
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Middle School Pepperell
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High School Pepperell
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Community Features None
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Waterfront None
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
- Jason Tatum