Three-Property Multifamily
For Sale
Contact for pricing
110 CATHY CT WARNER ROBINS GA 31088-5951, Warner Robins, GA 31088
Fully occupied residential portfolio with three properties in Warner Robins and R2 zoning.
Property Size3,570 SF
Price / SF$122.97
Days on Market78
Property Features for 110 CATHY CT WARNER ROBINS GA 31088-5951
General Information
Standard status
Active
Size
3,570 SF
Property subtype
Multifamily
Zoning
R2
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$33,000
Additional Details
Gross Income
$38,400
Building Details
Year Built
1969
Buildings
3
Stories
1
Units
3
Tenancy
Single
Listing Agency:
Rite Choice Realty
(478) 213-8966
Listed By:
Roy Dobson · License #Georgia 239001
Source:
Crexi
Added: Jun 16
Changed: Aug 30
Last Checked: Aug 31 at 1:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rite Choice Realty
Investment Insights
Based on property information with market context.
This multifamily offering includes three residential properties totaling 3,570 square feet. The assets were built in 1969 and are reported as fully occupied, with established long-term tenants in place. The portfolio includes 110 Cathy Ct., 100 Sharron Pl., and 104 Palomino Ln. in Warner Robins, Georgia.
The properties are located in a community anchored by Robins Air Force Base, identified as the area’s largest employer. R2 zoning supports the multifamily classification, while the three-property structure provides a consolidated offering across multiple residential addresses.
The properties are located in a community anchored by Robins Air Force Base, identified as the area’s largest employer. R2 zoning supports the multifamily classification, while the three-property structure provides a consolidated offering across multiple residential addresses.
Key Highlights
- Three‑property multifamily portfolio in Warner Robins, GA
- 3,570 SF total property size
- Fully occupied with long‑term tenants
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
$27,242
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
6.21%
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%
$544,840
$544.8K
Cap Rate 7%
$389,171
$389.2K
Cap Rate 9%
$302,689
$302.7K
Market Conditions
NOI Build-Up for 3,570 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
$52.7K $14.76/SF
− Vacancy
−$3.2K −$0.89/SF
EGI
$49.5K $13.87/SF
− OpEx
−$22.3K −$6.24/SF
NOI
$27.2K $7.63/SF
Area
Houston County, GA
Vacancy
6.00%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
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%
$544,840
Cap Rate 7%
$389,171
Cap Rate 9%
$302,689
Alternative Uses
Best Use
Apartment 5plus
$389.2K
$340.5K – $454.0K
NOI $27,242 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$770.5K
$674.2K – $899.0K
NOI $53,937 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 31088, GA
57,034
Population
24,167
Households
2.4
Avg Household Size
36
Median Age
36%
College-Educated
94%
High-School Grad
29.4 sq mi
ZIP Area
1,940
Density / Sq Mi
$81,507
Median Household Income
$44,764
Median Earnings
$1,224
Median Rent
$189,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied residential portfolio with three properties in Warner Robins and R2 zoning.
Where is this multifamily property located?
The property is located at 110 CATHY CT WARNER ROBINS GA 31088-5951 Warner Robins, GA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Three‑property multifamily portfolio in Warner Robins, GA; 3,570 SF total property size; Fully occupied with long‑term tenants
