Launch Date: Thursday August 6, 2026
Indicative Bid Deadline: Wednesday, September 2, 2026
Final Bid Deadline: Wednesday, September 16, 2026
- Scale : 201-unit garden-style multifamily community across 4 two-story buildings on ±6.27 acres, providing investors with meaningful scale in the Rome submarket
- Repositioned Asset : Originally constructed as a hotel and converted to conventional multifamily housing, offering a distinctive garden-style layout not commonly found in the Rome market
- Value-Add Opportunity : Approximately 67% occupied per the February 2026 rent roll, with current ownership actively leasing vacant units, providing meaningful upside through continued lease-up
- Construction & Site : CBS (concrete block/steel) construction with surface parking throughout
- Limited Competing Supply : One of the larger apartment communities in the Rome submarket, offering investors scarcity value amid limited institutional-quality multifamily inventory in the area
- Connectivity : Convenient access to U.S. Highway 27 and State Route 411, connecting Northwest Georgia to the greater Atlanta metropolitan are
- Economic Base : Rome is the largest city in Northwest Georgia and the economic, healthcare, and educational hub of Floyd County, anchored by major employers including Atrium Health Floyd, AdventHealth Redmond, Berry College, Georgia Highlands College, F&P Georgia, and Suzuki Manufacturing of America
- Retail Access : Situated along the Cartersville Highway (US-411) retail corridor in East Rome, within an approximate 4-mile drive of multiple shopping centers, including a nearby Walmart Supercenter
- Supply & Demand : Limited new multifamily supply relative to larger metro areas, supported by a stable employment base and continued regional population growth
- Population Density : The City of Rome has a population of approximately 38,700, within a broader Floyd County population exceeding 101,000, supporting sustained rental demand