22 door turnkey investment opportunity in Moultrie, GA. Currently at 100% occupancy with recent updates to interiors including LVP flooring, painting, central HVAC, designer appliances / fixtures compliment crown moulding, built-ins, and extra closet space, etc that are original to these historical units. Huge floorplans & excellent mix of unit types to attract multiple tenant needs. Fourteen 2br/1ba, Four 3/2, & Four 1/1 - all individually metered with public utilities billed direct to tenants. 6 buildings over 3 parcels all adjacent and only units on public / dead end street with no outlet allows for control / security / neighbor monitoring, etc. Metal roofing on all 2 story brick buildings and 1 story vinyl-sided structures will need little to no maintenance going forward. Asking price cap rate of 7.36% at currently monthly rents of $19,585/month and 35% OPEX factor....Located just 0.5 miles from lovely downtown Moultrie, GA with plenty of jobs, retail & professional users, schools, entertainment, places of worship, etc all around!
For sale
$2,075,000
700 1st St SW #22, Moultrie, GA 31768
6beds
4baths
23,916sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
Metal roofingCrown mouldingExtra closet spaceHuge floorplansCentral hvacLvp flooring
- 303 days
- on Zillow |
- 232 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 08:53am
Listed by:
Coldwell Banker Premier Real E
Source: South Georgia MLS,MLS#: 140867

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 23,916
- Total interior livable area: 23,916 sqft
Video & virtual tour
Property
Parking
- Parking features: Other
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Pool features: None
- Frontage type: None
Lot
- Size: 1.75 Acres
Details
- Parcel number: multi
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Frame, Vinyl Siding
- Roof: Metal
Utilities & green energy
- Electric: City Of Moultrie
- Sewer: Public Sewer
- Water: Public, City Of Moultrie
Community & HOA
Community
- Subdivision: Moultrie
Location
- Region: Moultrie
Financial & listing details
- Price per square foot: $87/sqft
- Annual tax amount: $12,223
- Date on market: 6/26/2024
- Total actual rent: 2950
- Road surface type: Paved
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