Multifamily
110 Johnson Street
110 Johnson St, Cartersville, GA 30120
Listing Price: $1,600,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 110 Johnson Street, a well-maintained, stabilized, and cash-flowing workforce housing community in one of Georgia’s strongest population growth corridors. Cartersville and Bartow County continue to benefit from sustained inmigration, expanding employment, and direct I-75 access to Atlanta, all fundamentals that support durable long-term renter demand.
110 Johnson Street
Investment Highlights
- Strong North Georgia Growth Market: Bartow County has grown ~17% since 2010, while Cartersville has grown 27% since 2010, with additional growth projected
- Built-In Rent Upside Without Heavy Lifting: In-place rents sit nearly 9% below market with no major capital requirements
- Well-Maintained Asset, Not a Turnaround: Clean, functional, and well-leased workforce product that an owner can selectively improve over time
- Attractive Basis in a Supply-Constrained Market: At $100K/unit, the entry point is difficult to replicate given rising construction costs, providing meaningful downside protection
- Resilient Renter Demand: Affordable workforce housing priced below submarket averages is among the most consistently occupied product types in any market cycle
Exclusively Listed By
Financing By
Listing Price: $1,600,000
Investment Highlights
- Strong North Georgia Growth Market: Bartow County has grown ~17% since 2010, while Cartersville has grown 27% since 2010, with additional growth projected
- Built-In Rent Upside Without Heavy Lifting: In-place rents sit nearly 9% below market with no major capital requirements
- Well-Maintained Asset, Not a Turnaround: Clean, functional, and well-leased workforce product that an owner can selectively improve over time
- Attractive Basis in a Supply-Constrained Market: At $100K/unit, the entry point is difficult to replicate given rising construction costs, providing meaningful downside protection
- Resilient Renter Demand: Affordable workforce housing priced below submarket averages is among the most consistently occupied product types in any market cycle
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 110 Johnson Street, a well-maintained, stabilized, and cash-flowing workforce housing community in one of Georgia’s strongest population growth corridors. Cartersville and Bartow County continue to benefit from sustained inmigration, expanding employment, and direct I-75 access to Atlanta, all fundamentals that support durable long-term renter demand.
Exclusively Listed By
Financing By
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