Property summary
This 20-unit apartment building, known as King Apartments, presents a compelling value-add investment opportunity in Cedartown, Georgia. The property comprises 13,664 net rentable square feet across five, single-story buildings situated on a 2.69-acre lot. Built in 1969, the property currently boasts a 95% occupancy rate and offers a mix of one- and two-bedroom floor plans averaging 683 square feet. Ample parking is available with 40 spaces provided for residents. The property is zoned for… permitted use under zoning code 5. King Apartments benefits from a strong location, close to Cedartown Elementary (0.6 miles), Middle (3.2 miles), and High Schools (4.1 miles), making it attractive to families. Convenient access to everyday amenities is also a key feature, with Kroger (1.5 miles) and Walmart Supercenter (2.4 miles) nearby, along with fast-food options like Chick-fil-A and Zaxby's (within 2 miles). Downtown Cedartown, with attractions such as the Cedartown Museum of Coca-Cola and The West Cinema, is just a 5-minute drive away. High demand for rental units, with a current waiting list, ensures consistent occupancy and potential for rent growth. The property offers a significant value-add potential through cosmetic interior renovations, including kitchen and bathroom upgrades, which could command higher rental rates, mirroring similar renovations in neighboring properties achieving rents up to $1,200. The area's strong demographics, with a projected 4% population growth over the next three years and a median household income exceeding $95,000, further support the investment potential. The property's APN is 023E078, 023E078A.
Ownership intelligence
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Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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