700 SW 1st St Unit 22 Moultrie, GA 31768
Property details
About 700 SW 1st St Unit 22
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 7.3% at currently monthly rents of $19,425/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!
Highlights
Summary
- MLS Number: 140867
- MLS Name: SouthGeorgiaMLS
- Office Name: COLDWELL BANKER PREMIER REAL E
- Office Phone: (229) 244-3535
- Listing Agent: John Courson
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Last updated on: 3/11/2025, 3:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,075,000
700 SW 1st St Unit 22
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Stringfellow Elementary School
Public District PK-5
0.2 mi
•200 5th Ave SW
4
Cox Elementary School
Public District PK-5
1.0 mi
•1275 11th Ave SE
7
Wright Elementary School
Public District PK-5
1.2 mi
•1812 2nd St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,677. The most common annual income of people living in Moultrie, GA is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
NASCAR
Where do the neighbors shop?
Wal-Mart
Kmart
Family Dollar
Where do the neighbors go to eat?
Sonic
Bob Evans
Dominos Pizza
What do the neighbors drive?
Oldsmobile
Buick
Ford
What do the neighbors listen to?
Contemporary Inspirational- Oldies
New Country
This home is located at 700 SW 1st St Unit 22 in Moultrie, GA and zip code 31768. This 23,916 square foot home sits on a 1.75 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $2,075,000.
The number of listings in Moultrie, GA increased by 14.8% between January and February 2025. In February 2025, listings were on the market for 118 days. During the same period, the median list price in this real estate market was $260,000.