Booker T Road - Apartments FOR SALE


Reynolds, GA 31076
$330,000 USD
770-567-3241
Booker T Road, Reynolds, GA for Sale
$330,000 USD
Apartments - FOR SALE
1/5
null | 13.4% Cap Rate

Booker T Road
Reynolds, GA 31076


HIGHLIGHTS

  • Fully leased 6-unit multifamily investment
  • Strong 13.4% cap rate with long-term tenants
  • All units renovated within the past year
  • Spacious 3-bedroom, 2-bathroom layouts
  • 5-acre tract with commercial development upside

OVERVIEW

This fully occupied 6-unit apartment complex presents a compelling investment opportunity with a strong 13.4% cap rate and proven tenant stability. Each unit features a spacious 3-bedroom, 2-bath layout, and all have undergone recent renovations within the past year, ensuring modern finishes and reduced capital expenditure for the buyer. The property sits on a generous 5-acre tract, offering significant upside through commercial value-add potential—ideal for investors seeking both immediate cash flow and long-term development options. The asset benefits from a stable tenant base, with long-term residents contributing to consistent income and minimal turnover. Its location, while not specified in the flyer, is likely supported by regional demand for multifamily housing, and the acreage provides flexibility for future expansion or mixed-use development. With all units updated and fully leased, this property is positioned as a turnkey investment with room to grow.

FOR SALE DETAILS

PRICE

$330,000 USD

PRICE/SF

$41 USD /SF

# OF UNITS

6

PRICE/UNIT

$55,000

CAP RATE

13.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Booker T Road Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

C-4 Commercial

APN/PARCEL ID

086-067

ASK ABOUT THIS PROPERTY

Gregory AndersonColdwell Banker Bullard RealtyMore Info
770-567-3241

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

Gregory AndersonColdwell Banker Bullard RealtyMore Info
770-567-3241

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