Building Details

Year Renovated 2023

Listing Agency: Long Realty Group j***@cashflowdetroit.com Show Phone

Listed By: Jabari Long · License #6505351134

Source: Crexi

Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 5:34AM

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Investment Insights

Based on property information with market context.

Cedar Creek Apartments is an apartment building property at 2 Georgia Ave in Cave Spring, Georgia. A comprehensive 2023 renovation brought a new roof, electrical and plumbing systems, vinyl windows, kitchens, bathrooms, interior doors, flooring, and fresh interior paint.

Residents are responsible for electric and water service, leaving the ownership side without utility expenses for those services. The property is reported at 100% occupancy. Its setting is within Cave Spring’s historic downtown square, near antique and specialty shops, restaurants, a gazebo, and Rolater Park, which includes the community’s namesake spring and a spring-fed lake.

Key Highlights

• Comprehensive renovation completed in 2023
• Improvements include new roof, electrical, plumbing, vinyl windows, kitchens, baths, flooring, and paint
• Tenants pay electric and water expenses

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Furniture & Home Goods Bakery Cafe & Coffee Shop

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

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

135

Businesses Nearby

Explore this area Business Placement

Demographics for 30124, GA

3,035

Population

1,291

Households

2.4

Avg Household Size

46

Median Age

19%

College-Educated

85%

High-School Grad

60.0 sq mi

ZIP Area

51

Density / Sq Mi

$75,365

Median Household Income

$41,676

Median Earnings

$1,041

Median Rent

$204,200

Median Home Value

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 - Apartment community updated in 2023 with resident-paid electric and water and full occupancy.

Where is this apartment building located?

The property is located at 2 Georgia Ave Cave Spring, GA.

What are key features of this property?

This property features: Comprehensive renovation completed in 2023; Improvements include new roof, electrical, plumbing, vinyl windows, kitchens, baths, flooring, and paint; Tenants pay electric and water expenses