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26 Nicole Lane

Ringgold, GA 30736

$1,800,000 $7,588/Mo

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Overview

Bed

Bath

13,120

Sqft

Acres(Lot)

Description

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.

Property Details

Property Type : Residential Income

Price : $1,800,000

AD Id : 74561089

MLS Id : 1527308

Beds : 25

Lot Size : 5 Acres

Living Area Size : 13,120

Year Built : 1980

County : Catoosa

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 25

Bathroom Information

Total Baths: 22 Full Baths: 10
Heating & Cooling

Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1980 Building Area Total: 13120 Stories: 2 Private Pool: No

Lot Information

Main Square Feet: 5 Acres Lot Size Acres: 5 Lot Size Square Feet: 217800

Property Information

Subdivision: None Source Property Type: Residential Income Property SubType: Multi Family Property Age: 46

Listing Price Information

Listing Price: $1800000 Cash, Conventional

Tax Information

Parcel Number: 0036a-075 Annual Tax: $11662.5 Tax Legal Desc: PT LL 79 28/3 NICOLE VILLA APTS LANDLOT: 79 LANDDIST: 28

Parking Information

Asphalt, Driveway, Off Street, On Street

School Information

Elementary School: Graysville Elementary School

Junior High School: Ringgold Middle

Senior High School: Ringgold High School
Location Information

Direction: 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. Turn left onto Nicole Lane. The property, Nicole Villas at 26 Nicole Lane, will be straight ahead. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
85 Deer Lane, Ringgold, GA, 30736	$875,000	20	18	6,636	6,636 SqFt

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ByOwner last updated this listing 06/11/2026 @ 03:11

MLS: 1527308 LISTED BY: Gregory Depasquale, Keller Williams Realty 423-664-1900 SOURCE: Greater Chattanooga REALTORS