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Home Details
Incredible Value-Add Investor Opportunity in Rome, GA! 10-unit brick complex at 3 Orlystus Dr SW, minutes from Downtown Rome, Coosa Country Club, and Shorter University. Offered at only $500,000-$540,000, this property is priced well below stabilized market value-with projected after-repair value (ARV) over $1,000,000+. Current unit mix: 10 spacious 1BR/1BA units with central HVAC, assigned parking, and strong rental demand in the immediate area. Pro Forma Cap Rate: 13-14% after minor renovation Upside: Estimated $140,000 in improvements needed to achieve full stabilization Market Rents: $1,000-$1,200 per month/unit achievable Location: 2 blocks from the river bridge into Downtown Rome, 1 block from Coosa Golf Course, near hospitals, shopping, and transit. Perfect for investors seeking: High cash-on-cash returns Value-add multifamily with proven upside Future refinance potential or long-term cash flow hold Call today-this kind of deal doesn't last!
Presented By: Henry Pailles with Carnegie Cap;
Interior Features for 3 Orlystus Drive SW
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Fireplaces
General for 3 Orlystus Drive SW
Association Fee IncludesNone
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityRome
Community FeaturesNear Public Transport, Walk To Schools
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