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Off market
  • $1,181,500

    500 Elm Dr, Adel, GA 31620

    --beds
    0baths
    20,820sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $1,181,500 Zestimate®
    $57/sqft
    $1,006 Estimated rent

    Home value

    $1,181,500

    $827,000 - $1.63M

    $1,006/mo

    Zestimate® history
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    $1,006/mo

    Rent Zestimate®

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    $7,150/mo

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    $7,150/mo

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    What's special

    Single-family stick-built homes

    Portfolio of 18 rental properties consisting of 11 single-family stick-built homes, 6 mobile homes, and 1 commercial building operating as rental office. Most units are in Adel & Sparks GA - Cook County - a small south Georgia county with lots of recent growth located on Interstate-75 in South Central Georgia. Portfolio consistently at 100%+ occupancy with potential gross income of $11,450/month. 10.57% cap rate at the proforma $89,310 NOI with 35% operating expense factor. Can be purchased alone or with another Mobile Home Park in same market listed by same seller- Chaserville MHP, See MLS #129593 or contact listing agent for details.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Other
    Interior area
    • Total interior livable area: 20,820 sqft

    Property

    Lot
    • Size: 9.56 Acres

    Construction

    Type & style
    • Home type: MultiFamily

    Utilities & green energy

    • Sewer: Other

    Community & neighborhood

    Location
    • Region: Adel

    Other

    Other facts
    • Property Type: Multi Unit
    • Frontage: Other-See Remarks
    • # Stories: One
    • Construction: Other
    • Sewer: Other
    • Legal Desc: Multiple
    • Tax ID: Multiple
    • Water: Other
    • Interior Features: Other
    • Parking: Other
    • Appliances: Other
    • Exterior Features: Other
    • Heating: Central
    • Cooling: Central Air

    Price history

    DateEventPrice
    3/7/2023Listing removed--
    Source: South Georgia MLS Report a problem
    10/17/2022Sold$95,000-88.8%$5/sqft
    Source: South Georgia MLS #129807 Report a problem
    8/1/2022Listing removed--
    Source: South Georgia MLS Report a problem
    7/6/2022Contingent$845,000$41/sqft
    Source: South Georgia MLS #129594 Report a problem
    7/6/2022Listed for sale$845,000$41/sqft
    Source: South Georgia MLS #129594 Report a problem
    7/6/2022Contingent$845,000$41/sqft
    Source: South Georgia MLS #129594 Report a problem
    6/7/2022Listed for sale$845,000+6.3%$41/sqft
    Source: South Georgia MLS #129594 Report a problem
    5/25/2022Listing removed--
    Source: South Georgia MLS Report a problem
    3/16/2022Price change$795,000-73.5%$38/sqft
    Source: South Georgia MLS #127816 Report a problem
    1/7/2022Listed for sale$2,995,000$144/sqft
    Source: South Georgia MLS #127813 Report a problem
    12/30/2021Listing removed--
    Source: South Georgia MLS Report a problem
    11/3/2021Price change$2,995,000+276.7%$144/sqft
    Source: South Georgia MLS #124226 Report a problem
    11/1/2021Listed for sale$795,000$38/sqft
    Source: South Georgia MLS #124225 Report a problem
    10/1/2021Listing removed--
    Source: South Georgia MLS Report a problem
    2/25/2021Price change$795,000-73.5%$38/sqft
    Source: FIRST COMMERCIAL REAL ESTATE #124225 Report a problem
    2/11/2021Listed for sale$2,995,000$144/sqft
    Source: FIRST COMMERCIAL REAL ESTATE #124225 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 31620

    Nearby schools

    GreatSchools rating
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