1410 Cave Spring Rd SW, Rome, GA 30161

Attractive Value-Add Opportunity: Current below-market rents, with room to raise to market rent. There is also an inactive laundromat, already stubbed with plumbing for 5 washers, and electrical for 6 dryers, allowing for additional income to be generated right away. Additional space will also allow to incorporate vending machines, with large storage also attached to the building.

Recent Renovations: Recent renovations include interior and exterior paint, new kitchens in select units, new LVP in select units, newer roof, updated plumbing, updated lights fixtures, and LED common area lights to reduce costs. Heavy work has been completed to the property, lowering investors initial capital expenditure.

Rental Growth Outlook: Rome, Georgia's rental market shows positive growth, with recent data indicating about 5.8% to 6.6% increase year-over-year. As of December 2025, the average rent in Rome, GA is $1,136 per month, making it more affordable than the national average, and seeing strong gains in 2- and 3-bedroom rentals.

Proximity To Major Employers: Rome, Georgia offers a robust mix of amenities including award-winning healthcare anchored by Floyd Medical Center (5,200+ employees) and Atrium Health Redmond (3,400+ employees), making it a regional hub for medical employment and services. Large retailers such as Walmart & UPS, remain the center of the workforce for the retail sector. When talking about Rome, a manufacturing-based city, you have manufacturing giants such as Kellanova (formerly Kellogg’s), and Frito-Lay dominating the workforce.

Favorable Location Near Amenities: Rome, Georgia offers exceptional quality of life with top-rated schools such as Rome High School and Darlington School, expansive outdoor amenities like the 96-mile Berry College trail system, Ridge Ferry Park, and the Rome Riverwalk. The community is deeply active, hosting annual events like the Rome International Film Festival, First Friday concerts, holiday parades, and bustling farmers markets that bring residents together throughout the year. With family-friendly amenities including the Rome Tennis Center, Barron Stadium, community recreation centers, and a vibrant historic downtown, Rome provides a warm, connected environment that appeals to both residents and businesses looking for long-term stability.