Map of Property

300 Waddell St NE

For Sale

300 Waddell St NE, Rome, GA 30161

This Rome property for sale is located at 300 Waddell St NE. The current listed sale price for 300 Waddell St NE is $585,000. 300 Waddell St NE is situated on a lot that is 0.5 acre in size.

Contacts

broker
Troy Reynolds

NAI G2 Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 21,808 SF
  • Units 13
  • Lot Size 0.5 Acre
  • Year Built 1968
  • Date Updated Feb 11, 2025
Located just an hour north of Atlanta, Rome, GA, is a thriving tertiary market known for its strong employment base, historic charm, and vibrant community. The city is home to Berry College, the world’s largest contiguous college campus, which contributes to a stable economy and a consistent demand for housing.This unique investment opportunity in Rome, GA, presents a partially completed conversion of a former 28-unit apartment community into a 13-unit townhome development. Upon completion, each townhome will feature a spacious four-bedroom, two-bathroom layout with over 1,600 square feet of living space. The next owner will have the flexibility to either lease the units as a rental community or sell them individually, capitalizing on the strong demand for quality housing in the area. Market comps suggest potential rental income of approximately $1,800 per unit or an estimated sales price between $225,000 and $250,000 per townhome. This project offers an exceptional value-add opportunity for investors or developers looking to move forward with the conversion and maximize rental income or exit via individual unit sales. The plans for the community have been approved for the next owner to move forward immediately. This is an excellent chance to step into a promising investment in a high-growth market. Please notify listing agent and use caution when viewing the property.
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Getting around

  • 32/100

    Walk Score ®

  • 13/100

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Location

  • City Rome, GA
  • Zip Code 30161

Points of Interest

  • Marathon

    0.95 miles

  • Kroger

    1.26 miles

  • Exxon

    1.36 miles

  • Citgo

    1.51 miles

  • Chevron

    1.54 miles

  • Sunoco

    1.60 miles

  • Mobile

    1.99 miles

  • BP

    2.04 miles

  • Shell

    2.83 miles

  • Walking Path Car Parking

    5.23 miles

  • Days Inn by Wyndham Rome Downtown

    1.02 miles

  • Hampton Inn & Suites

    1.02 miles

  • Days Inn

    1.04 miles

  • Courtyard Rome Riverwalk

    1.58 miles

  • Hawthorn Suites by Wyndham Rome

    1.65 miles

  • Econo Lodge

    2.72 miles

  • Quality Inn

    2.78 miles

  • Red Roof Inn

    2.84 miles

  • Country Inn & Suites

    2.87 miles

  • Holiday Inn Express

    2.89 miles

  • ALDI

    1.09 miles

  • Ross

    1.32 miles

  • TJ Maxx

    1.35 miles

  • Kroger

    1.35 miles

  • Publix

    1.66 miles

  • Belk

    2.79 miles

  • Mount Berry Square Mall

    2.91 miles

  • Walmart Supercenter

    3.15 miles

  • Food Lion

    4.05 miles

  • Big Lots

    4.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Troy Reynolds

NAI G2 Commercial Real Estate

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