For Sale
$2,075,0001.75 Acres
For Sale
6 beds • 4 baths • 23,916 sq ft

700 1st St, Moultrie, GA 31768 - Colquitt County

Residential
Static Google Map
Property ID 20759557

Multi Unit - Moultrie, GA

22 door turnkey investment opportunity in Moultrie, GA. Currently at 100% occupancy with recent updates to interiors including LVP flooring, painting, central HVAC, designer appliances / fixtures compliment crown moulding, built-ins, and extra closet space, etc that are original to these historical units. Huge floorplans & excellent mix of unit types to attract multiple tenant needs. Fourteen 2br/1ba, Four 3/2, & Four 1/1 - all individually metered with public utilities billed direct to tenants. 6 buildings over 3 parcels all adjacent and only units on public / dead end street with no outlet allows for control / security / neighbor monitoring, etc. Metal roofing on all 2 story brick buildings and 1 story vinyl-sided structures will need little to no maintenance going forward. Asking price cap rate of 7.3% at currently monthly rents of $19,425/month and 35% OPEX factor....Located just 0.5 miles from lovely downtown Moultrie, GA with plenty of jobs, retail & professional users, schools, entertainment, places of worship, etc all around!

Copyright © 2024 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Location

J

John Courson

COLDWELL BANKER PREMIER REAL E
(229) 251-4632

Message

John Courson

COLDWELL BANKER PREMIER REAL E