300 Elm ST, Hogansville, GA 30230
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300 Elm ST, Hogansville, GA 30230
300 Elm ST, Hogansville, GA 30230
300 Elm ST, Hogansville, GA 30230
300 Elm ST, Hogansville, GA 30230
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Daphne Howell

Daphne Howell

+1(404) 934-4733
$ 5,600,000
Est. payment /mo
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300 Elm ST Hogansville, GA 30230

15,924 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 15,924 sqft

Price per Sqft $351

Subdivision No Subdivision

MLS Listing ID 10857980

HOA Y/N No

Year Built 2024

Annual Tax Amount $17,838

Tax Year 2025

Lot Size 15.540 Acres

Acres 15.54

Lot Dimensions 15.54

Property Sub-Type Commercial

Source Georgia MLS 2

Property Description

300 Elm Street is a partially developed, 228-unit garden-style multifamily site on 15.54 acres in Hogansville, GA. Two of the nineteen approved three-story buildings (24 units) are vertically complete. The sale includes approved site development plans and permit-set architectural, structural, MEP and fire sprinkler drawings for both the 1BR and 2BR building types. The site is mass-graded, and four stormwater management ponds are in place. The offering is a development platform, not a stabilized asset. Site infrastructure needs rework to conform to the approved civil plans before a Certificate of Occupancy can be issued. Phases 2 and 3 will need new land disturbance permits. The upside is a planned, engineered site in a growing I-85 market. Amazon's 1.6M SF sortation center is slated to open in Hogansville in 2027, and CoStar shows no other multifamily under construction within three miles. The ideal buyer is an experienced multifamily developer or a vertically integrated builder with the team and capital to finish the site work and complete the remaining 17 buildings. Before receiving the Offering Memorandum and full plan set, buyers must provide a multifamily development track record and proof of funds.

Location

State GA

County Troup

Zoning CR-MR

Rooms

Bedroom Description No

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available

View Y/N No

Garage No

Private Pool No

Building

Lot Description Level

Faces GPS

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Others

Tax ID 0244A008003

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Resale

Georgia MLS - GAMLS
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Daphne Howell

Daphne Howell

Broker Associate

+1(404) 934-4733

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300 Elm ST

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