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26 Nicole Ln, Ringgold, GA, 30736

24beds
20baths
13,120sqft
$1,800,000
$137price/sqft
$11,480/moest. monthly cost
$459,200/yrincome needed

About This Home

Nicole Villas is a fully occupied multifamily property located at 26 Nicole Lane in Ringgold, Georgia. The community consists of a total of twenty residential units spread across five separate buildings, with four units in each building. Unit mix includes sixteen one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units. The property sits on approximately five acres, offering a rare combination of scale, privacy, and future expansion potential, subject to zoning and approvals. Sixteen of the existing units have been updated, enhancing overall quality, tenant appeal, and long-term durability. The remaining units provide an opportunity for continued improvements over time, allowing a new owner to further elevate the community while maintaining stable occupancy and income. Nicole Villas benefits from a strong tenant base and professional management, resulting in predictable operations and a well-maintained community. The property is positioned as a stabilized, turnkey investment with limited near-term capital expenditure requirements. In addition to solid in-place performance, the expansive acreage offers meaningful long-term upside. The excess land provides flexibility for potential future unit additions or alternative development strategies, making this an especially compelling opportunity for investors seeking both stability and growth. Nicole Villas represents a rare chance to acquire a stabilized multifamily asset with updated units, multiple buildings, land upside, and a clear path for continued value creation in the Ringgold market.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
8/10
Ringgold Middle SchoolGrades 6-82.7 mi
6/10
Ringgold High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1980

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 20
  • Full bathrooms: 5

Cooling

  • Cooling features: Central Air

Interior Area

  • Total structure area: 13,120
  • Total interior livable area: 13,120 sqft

Property

Details

  • Parcel number: 0036a075

Lot

  • Lot size: 5 Acres

Parking

  • Parking features: Asphalt,Driveway,Off Street,On Street