515 Birch St - Apartments FOR SALE


Adel, GA 31620
$1,350,000 USD
229-561-0858
515 Birch St, Adel, GA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

515 Birch St
Adel, GA 31620


HIGHLIGHTS

  • New Construction
  • Creative Opportunity

OVERVIEW

INVESTORS: Turnkey new construction with room to grow. Bethel on Birch presents a unique opportunity for an investor to step into a newly developed multifamily property and take it from here. Currently featuring 8 completed units across two buildings, this property provides a ready-to-lease foundation without the renovations, deferred maintenance, or unit-by-unit improvements often associated with acquiring an existing apartment complex. Each newly constructed unit offers 2 bedrooms and 2 bathrooms with LVP flooring throughout, granite countertops, white cabinetry, stainless steel appliances, and durable, neutral finishes designed with long-term rental use in mind. The attractive farmhouse-inspired exteriors feature metal roofs, wood accents, covered entries, sidewalks, landscaping, and paved parking. The real opportunity may be in what comes next. Additional land provides room for continued development, with existing plans that include additional two-bedroom units, a three-bedroom building, totaling to 24 units. Plans also include an on-site laundry facility. Purchase the 8 completed units as they stand today or explore options with the builder to continue the planned development, giving the next owner flexibility to determine the future of the property. With easy access to I-75, Bethel on Birch offers a convenient location for future residents and accessibility to the surrounding area. Invest in what's here today and see the potential for what's next.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$178 USD /SF

# OF UNITS

8

PRICE/UNIT

$168,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bethel on Birch

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

R8

APN/PARCEL ID

0039B-019

ASK ABOUT THIS PROPERTY

Amy WodickaCanopy Realty Group, LLCMore Info
229-561-0858

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Amy WodickaCanopy Realty Group, LLCMore Info
229-561-0858

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