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20-Unit Apartment Community
For Sale
$1,800,000

26 Nicole Lane, Ringgold, GA 30736

Residential Income, Ringgold, GA

Property Size13,120 SF
Lot Size5.00 Acres
Price / SF$137.20
Days on Market238

Property Features for 26 Nicole Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 25
Bathrooms 22
Full bathrooms 20
Rooms Bedroom 18, Bedroom 25, Bedroom 19, Bedroom 23, Bathroom 6, Bathroom 11, Bedroom 4, Bathroom 21, Bedroom 14, Bedroom 6, Bathroom 15, Bathroom 14, Bathroom 5, Bathroom 20, Bathroom 18, Bedroom 17, Bathroom 9, Bathroom 16, Bathroom 7, Bathroom 17, Bathroom 8, Bedroom 16, Bedroom 11, Bedroom 3, Bathroom 3, Bathroom 13, Bedroom 8, Bathroom 10, Bathroom 1, Bathroom 12, Bathroom 22, Bathroom 4, Bathroom 19, Bedroom 24, Bedroom 13, Bedroom 1, Bedroom 2, Bedroom 20, Bedroom 21, Bathroom 2, Bedroom 15, Bedroom 7, Bedroom 9, Bedroom 10, Bedroom 22, Bedroom 12, Bedroom 5
Parking features On Street, Off Street, Driveway
Elementary school Graysville Elementary School
Middle school Ringgold Middle
High school Ringgold High School
Directions From I-75, take Exit 348 (Ringgold / Battlefield Parkway). Turn east onto Battlefield Parkway and continue for approximately 1.5 miles. Turn right onto General Lee Road and continue for about 1 mile. Turn left onto Nicole Lane. The property, Nicole Villas at 26 Nicole Lane, will be straight ahead.
Standard status Active
APN 0036a-075
Size 13,120 SF
Lot size 5.00 Acres

Taxes and HOA fees

Tax Description PT LL 79 28/3 NICOLE VILLA APTS LANDLOT: 79 LANDDIST: 28
Tax Annual Amount 11663
Legal Description PT LL 79 28/3 NICOLE VILLA APTS LANDLOT: 79 LANDDIST: 28

Utilities

Sewer type Septic Tank
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 2
Number of units 20
Listing Agency: Real Estate Partners Chattanooga LLC
Listed By: Gregory Depasquale · License #TN357488
Added: Jan 25 Changed: Sep 12 Last Checked: Sep 20 at 3:06AM
MLS# 1527308

Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property contains 20 residential units arranged among five separate buildings, with four units in each building. The unit mix includes 16 one-bedroom, one-bathroom residences and four two-bedroom, one-bathroom residences. Sixteen units have been updated, while the community includes central air and parking options consisting of driveways, off-street spaces, and on-street parking. Built in 1980, the property encompasses 13,120 square feet on approximately 5 acres.

The property is fully occupied and professionally managed. Public water and a septic tank serve the community. The acreage includes excess land that may support additional units or other development strategies, subject to zoning and required approvals. The property is located at 26 Nicole Lane in Ringgold, Georgia, within Catoosa County.

Key Highlights

  • 20 residential units across 5 separate buildings, with 4 units in each building
  • Unit mix includes 16 one‑bedroom, one‑bathroom units and 4 two‑bedroom, one‑bathroom units
  • Approximately 5 acres with excess land for potential future development, subject to zoning and approvals

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Storage Facility HVAC Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 30736, GA

43,344
Population
17,327
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
91%
High-School Grad
124.6 sq mi
ZIP Area
348
Density / Sq Mi
$83,896
Median Household Income
$42,115
Median Earnings
$957
Median Rent
$233,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five separate buildings offer varied residential layouts with central air, driveway parking, off-street parking, and on-street parking.
Where is this apartment building located?
The property is located at 26 Nicole Lane Ringgold, GA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 20 residential units across 5 separate buildings, with 4 units in each building; Unit mix includes 16 one‑bedroom, one‑bathroom units and 4 two‑bedroom, one‑bathroom units; Approximately 5 acres with excess land for potential future development, subject to zoning and approvals
More about this property
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