Rare 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. Really large 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. 3 parcels all adjacent, metal roofing on all 2 story brick buildings and 1 story vinyls will need little maintenance. Proforma cap rate of 7.8% at monthly sales of $19,950/month once all units stabilized w/ little to no maintenance going forward. Located just 0.5 miles from lovely downtown Moultrie - plenty of jobs, retail & professional users, schools, entertainment, places of worship, etc all around! Still available at ListedBuy!
Extra Information for 700 1ST ST SW Moultrie, GA 31768
- Seller Type: By Owner
- Category: Multi-Family Residences for Sale
- Conditions: Resale
- Listed Date: May 17, 2024