521 SE 5th Ave - Apartments FOR SALE


Moultrie, GA 31768
$395,000 USD
229-241-1471
521 SE 5th Ave, Moultrie, GA for Sale
$395,000 USD
Apartments - FOR SALE
1/24
null | 7.11% Cap Rate

521 SE 5th Ave
Moultrie, GA 31768


HIGHLIGHTS

  • Stabilized with Value-Add opportunity

OVERVIEW

Proven multifamily opportunity in one of South Georgia’s most stable rental markets! 521 5th Avenue SE is a well-maintained, masonry-built quadplex with four spacious 2BR/1BA units averaging ±1,004 sq ft each. With current rents of $900/unit and comparable properties in the area achieving closer to $1,200/unit, there is significant room for income growth. Each unit is separately metered and residents are direct-billed for utilities—keeping operating expenses efficient for ownership. The property’s prime location -- just blocks from downtown Moultrie -- places tenants near shopping, dining, schools, employers, and community amenities. This makes it ideal for investors looking for steady cash flow with value-add potential, or for an owner-occupant who wants to live in one unit and have the other three help pay the freight. This quadplex may be purchased individually or as part of a portfolio with the neighboring quad at 515 5th Avenue SE, with a third quadplex just a block away also coming available soon. Moultrie and Colquitt County continue to see steady growth, fueled by strong local industries, excellent schools, and convenient access to I-75 and I-10. This is a great opportunity to secure an income-producing asset in a community with long-term stability and upside.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

4

PRICE/UNIT

$98,750

CAP RATE

7.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C1T

APN/PARCEL ID

M035-020

ASK ABOUT THIS PROPERTY

Thomas CallColdwell Banker Commercial Premier Real EstateMore Info
229-241-1471

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Thomas CallColdwell Banker Commercial Premier Real EstateMore Info
229-241-1471

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