For Sale
$1,690,000

36 Stargazer TrlRome, GA 30165

13 Units, 27 Acres, High Income

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 27-acre property in Rome, Georgia presents a remarkable investment opportunity. The portfolio includes thirteen rental units: five 2-bedroom, 1-bathroom duplexes, one 2-bedroom, 1-bathroom house, and a one-room apartment attached to a sizable barn. A beautifully maintained 4-bedroom, 3-bathroom, 2,400 sq ft split-level home with hickory cabinets and a 10 KW generator serves as the main residence. The lower level opens to a landscaped pool area. The property also features an in-ground pool. The expansive land offers significant potential for future development or simply enjoying the tranquil setting. A significant portion of the land is comprised of loblolly and longleaf pines planted in 2016 and 2019 respectively. One parcel is in an easement with five years remaining. The property is zoned D-R & A-R, encompassing approximately 8 acres and 15+ acres respectively, with an additional 3+ acre parcel zoned A-R. The property includes APNs E13X 008, E13X 008A, and E13X 010. This multifamily investment boasts a strong rental income stream and significant upside potential. The property is located at 36 Stargazer Trail NW, Rome, GA 30165. Built in 1974, the property consists of eight buildings. The asking price is $1,690,000.

Highlights

  • 27-acre multifamily investment opportunity in Rome, GA, with thirteen rental units generating strong income.
  • Main residence: 2,400 sq ft, 4 bed/3 bath split-level home with hickory cabinets and 10 KW generator; lower level opens to a landscaped pool area.
  • Rental units include five 2 bed/1 bath duplexes, one 2 bed/1 bath house, and one 1-room apartment attached to a large barn.
  • Property includes in-ground pool and significant acreage with loblolly and longleaf pines (planted 2016 & 2019).
  • Zoned D-R & A-R (approx. 8 acres and 15+ acres respectively), plus a 3+ acre A-R parcel; APNs E13X 008, E13X 008A, and E13X 010; one parcel has a 5-year remaining easement.
  • Asking price: $1,690,000; located at 36 Stargazer Trail NW, Rome, GA 30165; built in 1974; consists of eight buildings.

Property Details for 36 Stargazer Trl

Property type
Residential income homes
Year Built
1974
Buildings
8
Lot Size (sq. ft)
1,199,642 SF
Units
13

Location Insight

City
Rome
County
Floyd
State
Georgia
Latitude
34.26535299
Longitude
-85.34642506
36 Stargazer Trl, Rome, Georgia

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36 Stargazer Trl
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