300 Elm Street,Hogansville, GA 30230
Hogansville, GA 30230
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.
Details
| MLS # | 10857980 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2024 |
| Days On Site | 21 |
| Listing Provided By | CBC Metro Brokers | Jelani Linder |
Features
| SQ Feet | 15,924 |
|---|---|
| Zoning | CR-MR |
| Acreage | 15.54 |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central |
| Heating Yes / No | Yes |
Exterior
| Lot Features | Level |
|---|---|
| Construction Materials | Other |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Lot |
Utilities
| Utilities | Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 17838 |
|---|---|
| Tax Year | 2025 |
Area Information
| State | GA |
|---|---|
| County | Troup |
| City | Hogansville |
| Zip Code | 30230 |
| Area | Troup |
| Listing VS Median (in 30230) | |
Price: $5,600,000 low | high Med: $299,000 sqft: 15,924 low | high Med: 1,447 $ / sqft: $352 low | high Med: $207 On site: 21 low | high Med: 71 | |
Market Activity 30230
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Contact
Learn More About This Property
Alicia Appling
Coldwell Banker Upchurch Realty
Smart Home Certified, Accredited Buyer Representative, Senior Real Estate Specialist, Certified Residential Specialist, Certified Relocation Residential Specialist, Certified Luxury Home Marketing Specialist, Graduate, REALTOR Institute (706) 202-5033alicia@aliciaappling.com| State | GA |
|---|---|
| County | Troup |
| City | Hogansville |
| Zip Code | 30230 |
| Area | Troup |
| Listing VS Median (in 30230) | |
Price: $5,600,000 low | high Med: $299,000 sqft: 15,924 low | high Med: 1,447 $ / sqft: $352 low | high Med: $207 On site: 21 low | high Med: 71 | |