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    Fully Occupied Multifamily Investment Title is generated by Realmo AI

    435 Shadowmoor Drive, Thomson, GA 30824

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    Claim this Listing
    For Sale
    $1,124,000

    MULTI_FAMILY - Thomson, GA

    Property size:
    10,396 SF
    Lot size:
    0.77 Acres
    Price / SF:
    $108/SF
    Added:
    May 22, 2026
    Days on Market:
    36
    Last Refresh:
    Jun 26 at 2:06 pm

    Property Features for 435 Shadowmoor Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R2
    Standard status
    Active
    APN
    0t180061a00
    Size
    10,396 SF
    Lot size
    0.77 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    435 Shadowmoor Drive ALEXANDRIA COURT APTS A-Q
    Tax Annual Amount
    6712

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1986
    Flooring type
    Carpet, Laminate, Vinyl
    Building materials
    Brick Veneer, Wood Siding, Wood Frame
    Roof type
    Composition

    We can help!

    Contact an agent
    Robert Cort

    Listing agent Robert Cort License #353256

    Listing office Coldwell Banker-Watson & Knox Real Estate 219 Main St., Thomson, GA

    Listing date May 22, 2026

    MLS# 100575948

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 17‑unit multifamily complex just outside Thomson city limits, fully occupied (100%)
    • Built in 1986 and currently under professional management by Watson & Knox Property Management
    • Utilities: public water and public sewer; cable available
    • Central air cooling with heat pump and electric heating
    • Roof is composition; construction materials include brick veneer, wood siding, and wood frame
    • Flooring includes carpet, laminate, and vinyl

    Overview

    Alexandria Court Apartments presents an investment opportunity with a fully occupied 17-unit multifamily complex located just outside the Thomson city limits in a well-established residential area. Constructed in 1986, the property has been consistently maintained and is currently under professional management. The complex is 100% occupied, offering immediate, stable income. The property, zoned R2, spans 10396 square feet and is situated on a 0.77-acre lot. Financial and management reports are available upon request for qualified buyers. This property is intended for use as an apartment building or residential income property.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $187.1k $18.00
    − Vacancy −$15.9k −$1.53
    EGI $171.2k $16.47
    − OpEx −$77.0k −$7.41
    NOI $94.2k $9.06
    10,396 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.35M
    $1.18M – $1.57M (±1% cap)
    NOI $94,172 @ 7.0% cap · market cap 8.38%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.28M
    $2.87M – $3.83M (±1% cap)
    NOI $229,697 @ 7.0% cap · market cap 20.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thomson
    County
    McDuffie
    State
    Georgia
    Longitude
    -82.50531
    Latitude
    33.448757

    FAQs

    What type of property is this?
    Apartment building - 17-unit apartment complex in Thomson, Georgia, 100% occupied.
    Where is this apartment building located?
    The property is located at 435 Shadowmoor Drive Thomson, GA.
    What is the asking price?
    The asking price for this property is $1,124,000.
    What are key features of this property?
    This property features: 17‑unit multifamily complex just outside Thomson city limits, fully occupied (100%); Built in 1986 and currently under professional management by Watson & Knox Property Management; Utilities: public water and public sewer; cable available
    More about this property
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