For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

32 Unit Mutlipl Multiple Griffin, GA 30223

For Sale
$2,250,000

MULTI_FAMILY - Griffin, GA

Lot size:
1.00 Acre
Days on Market:
75
Last Refresh:
Dec 13 at 9:06 pm

Property Features for 32 Unit Mutlipl Multiple

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
003C03061
Parking features
Off Street
Lot size
1.00 Acre

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1977
Floors in Building
1
Number of units
32

Atlanta Metro South, LLC (770) 228-7653 [email protected]

Listing agent Jared Cordova (770) 228-7653

Listing date Sep 30, 2025

MLS# 10606264 Listing URL

Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

32-Unit Value-Add Portfolio, Griffin, GA

This 32-unit portfolio in Griffin, Georgia, presents a value-add opportunity. The bank-owned portfolio currently has limited cash flow, with 11 units occupied. Twenty-one units are vacant and require municipal re-inspection before utility restoration. The portfolio offers immediate upside through a rehab and lease-up strategy. The 11 occupied units currently produce $7350 in monthly income. The package's scale reduces per-door rehab and management costs. The portfolio includes turnkey homes requiring minimal attention and properties needing capital expenditures, allowing for phased renovations and value-add improvements. Strategic upgrades such as modernized interiors, improved landscaping, and energy-efficient features can increase rents, attract tenants, and reduce vacancy rates. The offering targets hands-on investors who can convert cosmetic and systems upgrades into higher rents and increased valuation. Griffin is located between Atlanta and Macon along the I-75 Corridor and is experiencing growth. A newly constructed industrial park is fully occupied, and large developments are ongoing on the interstate. A new airport is in the final stages before construction. The residential market is seeing appreciation and expansion. Griffin maintains a small-town feel while providing the location and infrastructure to become a metro Atlanta market. The portfolio includes houses and duplexes built between 1920 and 1978, as well as vacant lots.
Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Map

City
Griffin
County
Spalding
State
Georgia
Longitude
-84.2681
Latitude
33.2732

FAQs

What type of property is this?
Single family property - 32-unit portfolio in Griffin, GA with value-add opportunity.
Where is this single family property located?
The property is located at 32 Unit Mutlipl Multiple Griffin, GA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: - Value-add opportunity: 32-unit portfolio with **21 vacant units allows for significant rental income increase** through strategic renovations and lease-up.; - Scalable rehab and management: Portfolio size reduces per-door costs compared to single-asset acquisitions, ideal for efficient stabilization and cash flow improvement.; - High-growth location: Griffin, GA, is experiencing economic growth and residential market appreciation, situated in the developing I-75 corridor between Atlanta and Macon.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message