324 N Main St - Apartments FOR SALE


Statesboro, GA 30458
$595,000 USD
912-667-5887
324 N Main St, Statesboro, GA for Sale
$595,000 USD
Apartments - FOR SALE
1/6
null | 6.01% Cap Rate

324 N Main St
Statesboro, GA 30458


HIGHLIGHTS

  • Perfect for an owner-occupant financing (FHA)
  • Low rents in place
  • Just outside of downtown Statesboro

OVERVIEW

Blokk Commercial Real Estate is pleased to present this turnkey, income- producing fourplex located just minutes from downtown Statesboro and Georgia Southern University. Situated on 0.36 acres, this all-brick multifamily asset offers strong in-place cash flow with room for upside. The property consists of four 2-bedroom, 1-bath units totaling 3,584 square feet. Each unit features original hardwood floors, updated windows, and access to a shared laundry area. Recent capital improvements include a new concrete driveway and parking pad, enhanced landscaping, and an on-site storage shed with power. The property is in a prime location walkable to downtown and a short drive to Georgia Southern’s campus. This offering is ideal for investors seeking stable rental income in a growing college town. With potential to increase rents or explore long-term value-add strategies, 324 N Main is a rare find in the Statesboro market.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$166 USD /SF

# OF UNITS

4

PRICE/UNIT

$148,750

CAP RATE

6.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey Quadplex Downtown Statesboro

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

R20

APN/PARCEL ID

S26 000007 000

ASK ABOUT THIS PROPERTY

Jordan KimBlokk Commercial Real EstateMore Info
912-667-5887

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Jordan KimBlokk Commercial Real EstateMore Info
912-667-5887

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.