8-Unit Apartment
For Sale
$1,400,000
621 Nicklesville Rd NE, Resaca, GA 30735
Multifamily property with central air, individual utility meters, and a mix of two- and three-bedroom residences.
Property SizeContact for details
Days on Market45
Property Features for 621 Nicklesville Rd NE
General Information
Standard status
Active
Property subtype
Multi-Family
Net Operating Income
$74,280
Financials
Asking Price
$1,400,000
Cap Rate
5.31%
Gross Income
$88,200
Units
Unit Mix
6 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units
8
Building Details
Year Built
1987
Listing Agency:
Keller Williams Realty Signature Partners
(678) 787-2720
Listed By:
Tim Cowan · License #319705
Source:
Atlantarealestatedirectory
Added: Jul 17
Changed: Aug 30
Last Checked: Aug 25 at 4:01AM
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 Keller Williams Realty Signature Partners
Investment Insights
Based on property information with market context.
Built in 1987, this multifamily property contains eight apartments configured as six three-bedroom, one-bath units and two two-bedroom, one-bath units. Interior features include central air and ceiling fans, while electricity and water are separately metered for each residence. The unit mix provides varied residential layouts within one apartment community.
The property is located at 621 Nicklesville Road NE in Resaca, near local shops, schools, major roadways, and the river. Annual income is $88,200, annual expenses are $13,920, and reported NOI is $74,280. The stated cap rate is approximately 5.31%.
The property is located at 621 Nicklesville Road NE in Resaca, near local shops, schools, major roadways, and the river. Annual income is $88,200, annual expenses are $13,920, and reported NOI is $74,280. The stated cap rate is approximately 5.31%.
Key Highlights
- Eight apartments: six 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
- Electricity and water are individually metered for each unit
- Central air and ceiling fans in the apartments
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 30735, GA
6,207
Population
2,464
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
75%
High-School Grad
54.9 sq mi
ZIP Area
113
Density / Sq Mi
$63,419
Median Household Income
$44,049
Median Earnings
$988
Median Rent
$181,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with central air, individual utility meters, and a mix of two- and three-bedroom residences.
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: Eight apartments: six 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; Electricity and water are individually metered for each unit; Central air and ceiling fans in the apartments
