Two-Quadplex Multifamily
For Sale
$1,725,000
110 Maghunt Way, Brunswick, GA 31525
Residential Income, Brunswick, GA
Property Size10,820 SF
Lot Size0.98 Acres
Price / SF$159.43
Days on Market43
Property Features for 110 Maghunt Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
20
Bathrooms
16
Full bathrooms
16
Rooms
Bedroom 16, Bedroom 5, Bathroom 3, Bedroom 13, Bedroom 20, Bedroom 6, Bathroom 1, Bathroom 6, Bedroom 12, Bathroom 8, Bathroom 16, Bedroom 9, Bathroom 10, Bedroom 15, Bathroom 4, Bathroom 5, Bedroom 19, Bedroom 4, Bathroom 13, Bathroom 15, Bathroom 2, Bedroom 14, Bedroom 3, Bedroom 8, Bedroom 10, Bathroom 11, Bathroom 12, Bedroom 17, Bathroom 9, Bedroom 11, Bedroom 1, Bedroom 18, Bathroom 14, Bedroom 2, Bedroom 7, Bathroom 7
Parking features
On Street, Driveway
Subdivision
The Retreat at Golden Isles
Elementary school
Sterling Elementary
Middle school
Jane Macon
High school
Brunswick High School
Directions
From the intersection of Highway 99 and Golden Isles Parkway, travel West on Golden Isles Parkway for roughly .65 miles. Turn right onto Plantation Isles Blvd and travel .3 miles. Maghunt Way will be on the right.
Standard status
Active
APN
03-26423
Size
10,820 SF
Lot size
0.98 Acres
Taxes and HOA fees
Tax Description
LOT 7 THE RETREAT @ GOLDEN ISLES LOT 10 THE RETREAT @ GOLDEN ISLES
Legal Description
LOT 7 THE RETREAT @ GOLDEN ISLES LOT 10 THE RETREAT @ GOLDEN ISLES
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
2008
Floors in Building
1
Number of units
8
Building materials
Stucco
Roof type
Shingle
Listing Agency:
BHHS Hodnett Cooper Real Estate · Berkshire Hathaway HomeServices
(912) 638-5450
Listed By:
Michael Giery · License #363349
(912) 230-1115
Added: Aug 14
Changed: Sep 13
Last Checked: Sep 25 at 8:06AM
MLS# 2001886
Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property comprises two quadplex buildings totaling 10,820 square feet on 0.98 acres. Each building contains two 3-bedroom/2-bath units and two 2-bedroom/2-bath units, creating an eight-unit configuration with a balanced mix of floor plans. The improvements were built in 2008 and feature stucco construction, shingle roofs, heat-pump heating and cooling, driveway and on-street parking, public water, and public sewer.
The property is located at 110 Maghunt Way in Brunswick, Georgia, within Glynn County. Shopping, I-95, and major area employers are identified as accessible from the property, supporting convenient connections throughout the surrounding area.
The property is located at 110 Maghunt Way in Brunswick, Georgia, within Glynn County. Shopping, I-95, and major area employers are identified as accessible from the property, supporting convenient connections throughout the surrounding area.
Key Highlights
- Two quadplex buildings with eight total residential units
- Each building includes two 3‑bedroom/2‑bath units and two 2‑bedroom/2‑bath units
- 10,820 square feet of improvements on 0.98 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$89,229
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,784,580
$1.8M
Cap Rate 7%
$1,274,700
$1.3M
Cap Rate 9%
$991,433
$991.4K
Market Conditions
NOI Build-Up for 10,820 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$136.3K $12.60/SF
− Vacancy
−$8.9K −$0.82/SF
EGI
$127.5K $11.78/SF
− OpEx
−$38.2K −$3.53/SF
NOI
$89.2K $8.25/SF
Area
Glynn County, GA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,784,580
Cap Rate 7%
$1,274,700
Cap Rate 9%
$991,433
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.12M – $1.49M
NOI $89,229 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,742 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$2.25M
$1.96M – $2.62M
NOI $157,189 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 31525, GA
28,766
Population
12,373
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
98.3 sq mi
ZIP Area
293
Density / Sq Mi
$65,896
Median Household Income
$37,145
Median Earnings
$1,137
Median Rent
$198,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Eight rental units across two buildings with public water, public sewer, and heat-pump systems serving the property.
Where is this quadplex located?
The property is located at 110 Maghunt Way Brunswick, GA.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Two quadplex buildings with eight total residential units; Each building includes two 3‑bedroom/2‑bath units and two 2‑bedroom/2‑bath units; 10,820 square feet of improvements on 0.98 acres
