Multifamily Property with Storage
For Sale
$450,000
Pending
3067 Highway 41 SE, Adairsville, GA 30103
All eight rental units are occupied, and the property also includes three storage buildings.
Property Size1,900 SF
Lot Size2.76 Acres
Days on Market14
Property Features for 3067 Highway 41 SE
General Information
Standard status
Pending
Size
1,900 SF
Lot size
2.76 Acres
Property subtype
Multifamily
Occupancy
100%
Additional Details
Gross Income
$72,000
Highway Access
Yes
Multifamily Units
8
Amenities
0.92 acres
Septic Tank
Parcel Number: 047B-023, Annual Amount: $472, Year: 2025
Window Unit(s)
Electric
Listing ID: 10856763, Standard Status: Pending, MLS Status: Under Contract, On market as of 2026-10-01, Off market as of 2026-10-01, 1 day on market
Parking Pad
Built in 1900, Levels: One
County/Parish: Gordon
Resale
Water Source: Public, Shared Well
Close Of Escrow
Water Body Name: NONE
Association Fee: $0, Fee Includes: None
Building Details
Building Size
1,900 SF
Year Built
1900
Listing Agency:
Professional Realty Group, Inc
(770) 387-1706
Listed By:
Audrey Poarch · License #384240
(706) 936-9114
Source:
Blackstreaminternational
Added: Oct 1
Changed: Oct 13
Last Checked: Oct 12 at 8:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Professional Realty Group, Inc
Investment Insights
Based on property information with market context.
This multifamily property spans two parcels totaling 2.76 acres. Its rental inventory comprises six apartments and two mobile homes, alongside three storage buildings. The property was built in 1900, and all eight rental units are occupied by tenants.
The property is at 3067 Highway 41 SE in Adairsville, with access to I-75. It includes Parcel 047B-023.
The property is at 3067 Highway 41 SE in Adairsville, with access to I-75. It includes Parcel 047B-023.
Key Highlights
- Eight rental units: six apartments and two mobile homes
- 2.76 acres across two parcels
- Three storage buildings on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,525
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,500
$510.5K
Cap Rate 7%
$364,643
$364.6K
Cap Rate 9%
$283,611
$283.6K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$49.5K $26.04/SF
− Vacancy
−$3.1K −$1.61/SF
EGI
$46.4K $24.43/SF
− OpEx
−$20.9K −$10.99/SF
NOI
$25.5K $13.43/SF
Area
Bartow County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,500
Cap Rate 7%
$364,643
Cap Rate 9%
$283,611
Alternative Uses
Best Use
Apartment 5plus
$364.6K
$319.1K – $425.4K
NOI $25,525 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$533.5K
$466.8K – $622.4K
NOI $37,346 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
8
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 30103, GA
15,606
Population
5,726
Households
2.7
Avg Household Size
38
Median Age
21%
College-Educated
91%
High-School Grad
103.9 sq mi
ZIP Area
150
Density / Sq Mi
$76,055
Median Household Income
$45,059
Median Earnings
$1,025
Median Rent
$228,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - All eight rental units are occupied, and the property also includes three storage buildings.
Where is this apartment building located?
The property is located at 3067 Highway 41 SE Adairsville, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Eight rental units: six apartments and two mobile homes; 2.76 acres across two parcels; Three storage buildings on site
