16 Walker St Cartersville, GA 30120
Property profile & analytics
16 Walker St Cartersville, GA 30120
- Residential income homes
- 800 SF
- 0.10 lot acres
Property ID
US22-4623546
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 16 Walker St
- Year built
- 1940
- Lot size
- 0.10 lot acres
- Property size
- 800 SF
- Property type
- Residential income homes
- APN
- multiple
Description
This exceptional investment opportunity presents a 41-unit single-family rental portfolio situated in Cartersville, Bartow County, Georgia. The portfolio comprises 39 single-family homes and 2 duplexes, offering a diverse range of rental units. Unit sizes vary from 800 to 1,700 square feet, featuring 2-4 bedrooms. Currently boasting a 90% occupancy rate, projected to continue through October 1, 2024, the portfolio generates a substantial net operating income (NOI) of $525,000, yielding a compelling 5.54% cap rate. The asking price is $9,470,000. Many units have undergone renovations, incorporating energy-efficient features such as spray foam insulation and high-efficiency AC units, resulting in upgraded interiors with custom cabinetry, stone countertops, and modern bathrooms. The properties are located on lots ranging from 0.1 to 1 acre, with ample parking (2 spaces per unit). Built between 1940 and 2024, the portfolio includes 39 buildings, all single-story structures, zoned for single-family residences and duplexes. The portfolio's location in Bartow County, approximately 45 miles north of Atlanta and 65 miles south of Chattanooga, benefits from a growing market, strong tax base, and competitive job market. Monthly rental income ranges from $825 to $2140. Continued property management is available for the new owner. Further details are available upon execution of a non-disclosure agreement.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cartersville
- County
- Bartow
- State
- Georgia
- Longitude
- -84.8050003
- Latitude
- 34.1618003
