26 Nicole Lane
Ringgold, GA, 30736 $ 2,000,000
Baths0.0 Sq 13,120 Studio for $2,000,000. This 13,120 square foot property was built on a lot size of 5.
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.
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FeaturesGeneralSewer Septic Tank
Cooling Central Air
Possession Close Of Escrow
Year Built 1980
Stories Count 2
Property Subtype Multi Family
County Catoosa
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions From I-75 take Exit 348 (Ringgold / Battlefield Parkway). Turn east onto Battlefield Parkway and continue for approximately 1.5 miles. Turn right onto General Lee Road and continue for about 1 mile
High School Ringgold High School
City Ringgold
Senior Community Y/N N
Number Of Units Total 20
Lot Size Units Acres
Lot Size Square Feet 217800.0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Graysville Elementary School
Land Lease Y/N N
Tax Annual Amount 11662.5
Home Warranty Y/N N
Middle/Junior High School Ringgold Middle
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description PT LL 79 28/3 NICOLE VILLA APTS LANDLOT: 79 LANDDIST: 28
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ExteriorParking Features Asphalt Driveway Off Street On Street
Water Source Public
Lot Size Area 5.0
Spa N
Building Area Total 13120.0
Lot Size Acres 5.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N Y
Fireplace Y/N N
Total Baths 0
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* Excluded FeaturesList ByKeller Williams RealtyBroker
gregorydepasquale@gmail.comEmail
NearbyAbout Ringgold, GA 3,998 Population
27% Since 2002
$ 53,118 Median Income
38.62 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
1547264 Elementary School
1547218 Middle School
Ringgold High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/25/2026 | $2,000,000 | | Listed Price |