Beautiful brick building in Rome GA, few blocks from Downtown Rome 3 blocks away, beautiful Coosa River, 2 blocks away, Coosa Golf Course (and million dollar homes), Berry College, and Atrium Health, Floyd Medical Center, Desirable Southern charm, 4-Unit Multifamily Townhomes, all: 2 Bedroom / 2 Bathroom, 2-Story Layout, plenty of parking. * Current Occupancy: Vacant. Post-Renovation Rent Potential: o Low Case: $1,400/unit o Mid Case: $1,500/unit o High Case: $1,600/unit Renovation Estimated budget: $50,000 - $60,000 Location: 2 blocks from Coosa Valley Golf Course and million-dollar homes, walking distance to Downtown Rome, Berry College, and Atrium Health Floyd Medical Center and big Franchise stores. Investment Highlights: Premium Brick Townhomes: Classic all-brick construction with two-story layouts, individual HVAC units, and private entrances. Branched utilities (Water and power) Fully Vacant for Immediate Repositioning: Full control to renovate and lease at market rates. Great potential for student rental. Rent Growth Upside: Estimated market rents support $1,400-$1,600/month depending on finish level. Light Value-Add: Modest renovation budget of ~$55,000 opens door to significant value creation. Stabilized Cash Flow & Appreciation: High-demand product type in a strong submarket with limited competition. Financial Summary: Stabilized Income Potential: Scenario Monthly Gross Income Annual Gross Income Low Case $5,600 mo year $67,200 Mid Case $6,000 mo year $72,000 High Case $6,400 mo year $76,800 "At $125K per unit, these large 2-bed, 2-bath townhomes are under replacement cost." "Location is walkable to Downtown Rome, golf, university, river and hospital-everything tenants want." "Solid brick construction with easy renovations means faster lease-up and long-term durability." "Expect strong demand for this rare 2-story townhome layout in a low-vacancy submarket."
