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Eight-Unit Apartment Property
For Sale
$1,175,000

111-139 Cedar Ridge Drive, Americus, GA 31709

Residential, Attached Single Family, Duplex, Americus, GA

Property Size10,552 SF
Lot Size7.63 Acres
Price / SF$111.35
Days on Market811

Property Features for 111-139 Cedar Ridge Drive

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Rooms Bedroom 2, Dining Room, Bedroom 1, Laundry Room
Parking features Carport
Patio and Porch features Patio
Interior features Ceiling Fan(s)
Exterior features Open Patio/Deck
Appliances Dishwasher, Microwave, Range Hood, Refrigerator, Stove, Water Heater 2+
Lot features Cul-de- Sac
Directions At the intersection of US 280 and Highway 27 (Ruby Tuesday red light) ,take a left and travel approximately one mile to Cedar Ridge Drive on the left. (This is a private drive and is 630 feet past Southland Road)
Subdivision Americus
Standard status Active
Size 10,552 SF
Lot size 7.63 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12296

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 2006
Floors in Building 1
Flooring type Tile, Carpet - Full
Building materials Brick, HardiPlank Type
Architectural style Other
Listing Agency: Hancock Realty Co.
Listed By: Peyton Hancock
Added: Jun 17, 2024 Changed: Sep 4 Last Checked: Sep 5 at 3:06PM
MLS# 906776

Copyright © 2026 Americus Board 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 2006 apartment property comprises eight two-bedroom, two-bath units offered together as one package. Four units contain 1,257 square feet of living area each, while the remaining four provide 1,381 square feet each, for a combined property size of 10,552 square feet. All units are leased to long-term tenants. Construction includes brick and HardiPlank Type materials, with central electric heating and cooling, tile and carpet flooring, kitchens equipped with ranges, refrigerators, microwaves, range hoods, dishwashers, and water heaters, plus ceiling fans.

The property occupies 7.63 acres at 111-139 Cedar Ridge Drive in Americus, Georgia. A private road serves the units, and a common well supplies the property. Additional site features include septic service, carports, and open patios or decks.

Key Highlights

  • 8‑unit package located on 7.63 acres with a private road
  • Four units measure 1,257 square feet; four units measure 1,381 square feet
  • Each unit includes 2 bedrooms and 2 full baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 31709, GA

15,487
Population
6,846
Households
2.3
Avg Household Size
35
Median Age
27%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
129
Density / Sq Mi
$41,400
Median Household Income
$30,460
Median Earnings
$904
Median Rent
$130,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight residences share a private road and common well, with each offering two bedrooms and two full baths.
Where is this apartment building located?
The property is located at 111-139 Cedar Ridge Drive Americus, GA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 8‑unit package located on 7.63 acres with a private road; Four units measure 1,257 square feet; four units measure 1,381 square feet; Each unit includes 2 bedrooms and 2 full baths
More about this property
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