700 1st St Moultrie, GA 31768
Listing Courtesy of: VALDOSTA/SOUTH GEORGIA / Coldwell Banker Premier Real Estate / John Courson
$2,100,000
6
BED
4
BATH
23,916
SQFT

  700 1st St Moultrie, GA 31768

Active (52 Days)

Description

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 7.42% at monthly rents 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!

MLS #:
133878
Lot Size
1.75 acres
Type
Multifamily
County
Colquitt County
Bathroom Details
  • Full Bathrooms: 4
Subdivision
  • Moultrie
Lot Information
  • Other-See Remarks
Heating and Cooling
  • Central Air
Basement Information
  • No
Exterior Features
  • Vinyl Siding
  • Frame
  • Brick Veneer
  • Roof: Metal
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
Parking
  • Other
Stories
  • 2
Additional Listing Info
  • Selling Office Commission: 2.7
Location
   
Calculate drive times to this property
 

Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.