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    621 Nicklesville Rd NE Resaca, GA 30735

    For Sale
    $1,400,000

    MULTI_FAMILY - Resaca, GA

    Lot size:
    1.00 Acre
    Days on Market:
    101
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 621 Nicklesville Rd NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    040 002
    Parking
    20
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1987
    Floors in Building
    1
    Number of units
    8
    Building materials
    Brick

    Keller Williams Realty Signature Partners (404) 680-1228 [email protected]

    Listing agent Tim Cowan (678) 631-1700

    Listing date Aug 28, 2025

    MLS# 10584705 Listing URL

    Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Resaca Multi-Family Investment Opportunity

    This multi-family property at 621 Nicklesville Rd features eight apartments, including six 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The units are designed for functional living, with generous floor plans and natural light. The property is situated near local shops, schools, and major roadways. The property is located in Resaca, GA. The lot size is 1 acre. The property's annual income is $88,200, with annual expenses of $13,920, resulting in a net operating income of $74,280. This property is suitable for investors seeking to expand their portfolio with consistent cash flow potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Little Rivers Farm Farm

    Suggested Use

    Auto Repair Shop Hotel & Motel Gym & Fitness Department Store Food Market Storage Facility Grocery Store Discount Store Convenience Store Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Resaca
    County
    Gordon
    State
    Georgia
    Longitude
    -84.933886
    Latitude
    34.591588

    Nearby Similar for Sale

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    • $800,000
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      Income-Producing Estate with River Frontage

      17-acre estate with rental income and Conasauga River frontage.
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    • New
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      Pullet Farm in Northwest Georgia

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      993 Sexton Rd, Resaca, GA 30735
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    • $1,400,000
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      Resaca Multifamily Investment Opportunity

      Eight-unit apartment complex with strong rental income potential.
      621 Nicklesville Rd NE, Resaca, GA 30735
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    • $1,750,000
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      Northwest Georgia Broiler Farm

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit apartment complex with strong rental income potential.
    Where is this apartment building located?
    The property is located at 621 Nicklesville Rd NE Resaca, GA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - High Net Operating Income (NOI) of $74,280 indicates strong profitability.; - 5.31% Cap Rate offers a competitive return on investment at the $1.4M list price.; - Eight total units provide diverse income streams and reduce vacancy risk.
    (678) 631-1700
    Request Owner's contact information
    621 Nicklesville Rd NE Resaca, GA 30735
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    Resaca, GA 30735
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    621 Nicklesville Rd NE Resaca, GA 30735
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