515 5th Ave SE - Apartments FOR SALE


Moultrie, GA 31768
$349,000 USD
229-244-3535
515 5th Ave SE, Moultrie, GA for Sale
$349,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

515 5th Ave SE
Moultrie, GA 31768


OVERVIEW

Strong investment opportunity in the heart of Moultrie, GA! 515 5th Avenue SE is a solid masonry-built quadplex featuring four spacious 2BR/1BA units (±950 sq ft each). Units lease at ±$900/unit and significant upside with market comparables supporting ±$1,200/unit. Each unit is individually metered and direct billed by utility companies. Tenants enjoy ample off-street parking and a central location just blocks from historic downtown Moultrie - close to shopping, restaurants, major employers, schools, churches, and entertainment. Perfect for investors seeking stable cash flow with value-add potential, or for owner-occupants who want to live in one unit and lease the other three to offset or even eliminate housing costs. This quadplex can be purchased individually or as part of a package deal with two other sister quad properties owned by the same seller - one next door and another just blocks away (521 5th Avenue SE, MLS # & 713 5th Avenue SE, MLS # ). Moultrie / Colquitt County is thriving and the leader for steady growth in southwest Georgia. Close to Interstate(s) I-75 and I-10 and growth-minded leadership make the community a favorable place for professionals and families seeking convenience and value in a small town setting.

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$44 USD /SF

# OF UNITS

4

PRICE/UNIT

$87,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C1T

APN/PARCEL ID

M035-019

ASK ABOUT THIS PROPERTY

Thomas CallColdwell Banker Commercial Premier Real EstateMore Info
229-244-3535

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Thomas CallColdwell Banker Commercial Premier Real EstateMore Info
229-244-3535

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