700 1st St SW - Apartments FOR SALE


Moultrie, GA 31768
$2,195,000 USD
904-206-9965
700 1st St SW, Moultrie, GA for Sale
$2,195,000 USD
Apartments - FOR SALE
1/38
null | Request Cap Rate

700 1st St SW
Moultrie, GA 31768


HIGHLIGHTS

  • 22-unit turnkey multifamily property maintaining full occupancy and consistent cash flow.
  • Renovated interiors with LVP flooring, upgraded fixtures, and modern appliances across all units.
  • Diversified unit mix of studio, one-, two-, and three-bedroom layouts designed for multiple tenant demographics.
  • Individually metered units with direct utility billing enhances operational efficiency.
  • Located within an Opportunity Zone, providing potential tax advantages for eligible investors.
  • Positioned in a growing market with positive economic indicators and expanding employment base.

OVERVIEW

22-unit turnkey multifamily investment opportunity in Moultrie with 100% occupancy and strong cash flow. Six buildings across three contiguous parcels totaling approximately 23,916 SF. Unit mix includes fourteen 2BR/1BA units, four 3BR/2BA units, three 1BR/1BA units, and one studio unit, providing diversification across multiple tenant demographics and maximizing leasing demand. Current rents total $19,865/month with ability to bump to market rates of ±$22,530/mo. All units have been updated with LVP flooring, fresh paint, central HVAC, and upgraded fixtures/appliances while maintaining historic character and oversized floorplans. The property offers a unique, controlled residential setting on a quiet dead-end public street with no through traffic. Individually metered units with tenants direct billed by utility providers. Moultrie and Colquitt County continue to benefit from positive economic growth, expanding employers, and increased regional investment that support a strong multifamily rental market. Rent roll, financials, and full offering memorandum available to qualified prospects.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

22

PRICE/UNIT

$99,773

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Center Town

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

MF

APN/PARCEL ID

M025-208,M025-211,M025-212

ASK ABOUT THIS PROPERTY

Bryce OcepekColdwell Banker Commercial Premier Real EstateMore Info
904-206-9965

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Bryce OcepekColdwell Banker Commercial Premier Real EstateMore Info
904-206-9965

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