1018–1027 Century Drive presents a rare opportunity to acquire a recently renovated 10-unit multifamily portfolio in Douglas, Georgia currenting bringing in $74,400 annually of stable income. The offering consists of two quadplexes and one duplex, totaling six (6) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units. Currently leased at approximately $620 per unit, the property offers significant upside with market rents supporting approximately $760 per unit, providing investors with a clear path to increased cash flow and value creation. All units are individually metered, with utilities paid directly by tenants, minimizing landlord expenses and operational complexity. Recent capital improvements include renovated interiors throughout the portfolio and new metal roofs on two of the three buildings, resulting in minimal deferred maintenance and a turnkey investment opportunity. Located in the growing South Georgia market of Douglas, the property benefits from steady rental demand driven by regional employment, healthcare, education, and manufacturing sectors. With an attractive basis, strong in-place occupancy, and substantial rental upside, 1018, 1020, 1022, 1024, 1026, 1028, 1021, 1023, 1025, 1027 Century Drive is well-positioned for investors seeking durable cash flow, long-term appreciation, and value-add potential. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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