Jasper Portfolio
Closed100 Bellwood Avenue & 102 Library Lane, Jasper, GA 30143
Property type
Multifamily
Unit / Space count
102
Price
Subject to Offer
Building size
104,048 sf
Rentable area
104,048 SF
Year built
1999
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Bedroom count
Property description
Franklin Street is pleased to present the exclusive offering of a two-property multifamily portfolio located in Jasper, Georgia. The portfolio consists of Homestead of Jasper (57 units) and Evergreen Village apartments (45 units), two well-located assets with immediate value add potential. The properties are less than one mile from each other, facilitating management efficiencies. Homestead of Jasper offers two- and three-bedroom floorplans with an average unit size of 1,140 SF. The property is ideally situated near Chattahoochee Technical College, Pickens County Library, and Downtown Jasper, home to local favorites such as 61 Main, The Old Mulehouse, and Last Catch Seafood Restaurant. Evergreen Village Apartments features one-, two-, and three-bedroom floorplans averaging 849 SF. Seven units have been renovated, and 18 one-bedroom units were constructed in 2019 to a high standard, achieving a premium in rent. The property benefits from proximity to Chattahoochee Technical College, Downtown Jasper, and a range of dining options including I Love NY Pizza & Bar and other establishments along Highway 53.
Property highlights
- N/A