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 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!
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.
