713 5th Ave SE - Apartments FOR SALE


Moultrie, GA 31768
$349,000 USD
229-244-3535

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$349,000 USD
Apartments - FOR SALE
null | Request Cap Rate

713 5th Ave SE
Moultrie, GA 31768


HIGHLIGHTS

  • Separately metered units, allowing tenants to pay utilities directly and helping reduce owner operating expense
  • Convenient off-street parking, enhancing tenant appeal and day-to-day functionality
  • Highly accessible location just minutes from Downtown Moultrie, offering quick access to shopping, dining, employment centers, and everyday services

OVERVIEW

Value add opportunity in the growing Moultrie market! 713 5th Avenue SE is a well-constructed brick quadplex offering four generously sized 2BR/1BA units (approximately 1,050 SF each). The property has a proven rental history with prior rents at $900 per unit, while current market data suggests upside potential nearing ±$1,200 per unit. Each unit is separately metered with utilities billed directly to tenants, helping minimize owner expenses. The property also features convenient off-street parking and a highly accessible location just minutes from Downtown Moultrie, providing easy access to shopping, dining, employment centers, and everyday amenities. This asset is well-suited for investors targeting properties to improve and add value to with their own style and brand in order to capture future rent growth, as well as owner-occupants looking to offset living expenses by leasing the remaining units. The property may be acquired individually or as part of a portfolio opportunity alongside two additional quadplexes offered by the same seller. See MLS # for 515 5th Avenue, & MLS # for 521 5th Avenue). With continued growth throughout Colquitt County and its strategic proximity to major regional corridors, Moultrie remains an attractive destination for both renters and investors seeking long-term stability and value.

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$80 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

6

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

MF

APN/PARCEL ID

M035-123

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.