700 SW 1st Street, Moultrie, GA

Others for Sale - $2,195,000


Agent Info

John Courson
Coldwell Banker Commercial Premier Real Estate

Property Info

CIMLS#1191377
Location
  700 SW 1st Street
  Moultrie GA 31768
UpdatedMay 12th, 2026
TypeOthers
Price$2,195,000

Property Description

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. Offered at $2,195,000 with projected cap rates of 7.06% current and 8.01% pro forma - rent roll, financials, and full offering memorandum available to qualified prospects.


Financials



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