Property Location

610 N College Drive, Cedartown GA 30125

List Price $949,000
Units 8
Price / Unit $118,625
610 N College Drive Cedartown, GA 30125
FMLS IDX Data last updated: July 30, 2026 at 7:54 PM
ACTIVE
Property Description
This Residential Income listing offers a rare opportunity to own an entire multi-unit building centrally located at 608 and 610 N College Dr (Units 1-8) in Cedartown, Georgia. Selling as a complete package, this property features eight distinct units, making it an ideal acquisition for investors seeking immediate cash flow or businesses looking for a versatile headquarters with built-in rental income. The building's strategic location ensures excellent visibility, high traffic counts, and convenient access for both tenants and clients. Whether you plan to optimize the existing multi-unit layout for diverse commercial tenants or adapt the entire footprint for a single major operation, this property delivers the flexibility and long-term value needed to scale your portfolio in a growing Georgia market.
Investment Notes — Cedartown
  • Located in the Cedartown, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled using FMLS data + Atlanta market benchmarks · Estimates applied where listing data is incomplete

Price per Unit $118,625 Verified
Est. Cap Rate 6.07% From Rent Roll
Est. Gross Income $102,180 From Rent Roll
Est. NOI $57,630 From Rent Roll
Est. Year 1 Cash Flow $41,494 after estimated debt service From Rent Roll
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

Starts from list price and unit count. Average rent estimated from the 8 units that have rent data. Override any value to model your own scenario.

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Calculated as avg of known rents × 8 units × 12

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Gross Potential Income
Effective Gross Income
Operating Expenses
Net Operating Income (NOI)
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Unit Mix & Available Rent Roll

Breakdown based on data provided in the FMLS listing

UnitBedsBathsMonthly Rent
Unit 121$1,200
Unit 221$1,100
Unit 311$975
Unit 421$1,195
Unit 511$1,025
Unit 611$1,025
Unit 711$800
Unit 821$1,195
Total8 units $8,515

* Rent roll information is taken from the available FMLS listing data. Many multifamily listings do not include complete or verified tenant financials. Always verify actual rents, leases, and operating expenses during due diligence.

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Important Investment Disclaimer
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using available FMLS listing data combined with Atlanta metro market benchmarks (including estimated average rents, vacancy, and expense ratios) when complete rent-roll or operating data is not provided in the listing.

Any estimated or modeled figures shown on this site represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7806737 · Listing courtesy of Compass, KENYA WILLIAMS · 404-668-6621

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily