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700 1ST ST NE MOULTRIE, GA 31768
- Commercial / Resale (MLS)
Property Details for 700 1ST ST NE, MOULTRIE, GA 31768
Features
- Price/sqft: $86
- Lot Size: 18731
- Total Rooms: 9
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
- Roof Type: Composition Shingle
- Heating: Central Furnace
Facts
- Year Built: 01/01/1980
- Property ID: 920752457
- MLS Number: 140867
- Parcel Number: M023 191
- Property Type: Commercial
- County: COLQUITT
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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. Huge 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 billed direct to tenants. 6 buildings over 3 parcels all adjacent and only units on public / dead end street with no outlet allows for control / security / neighbor monitoring, etc. Metal roofing on all 2 story brick buildings and 1 story vinyl-sided structures will need little to no maintenance going forward. Asking price cap rate of 7.3% at currently monthly rents of $19,425/month and 35% OPEX factor....Located just 0.5 miles from lovely downtown Moultrie, GA with plenty of jobs, retail & professional users, schools, entertainment, places of worship, etc all around!
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Property Brokerage:
COLDWELL BANKER PREMIER REAL E
1108 Gornto Rd.
Valdosta
GA
31602
Copyright © 2024 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.