Townhome Portfolio with Triple-Net
For Sale
Contact for pricing
277 Oakwood Dr NW, Milledgeville, GA 31061
Five 2022 townhomes are offered with 30-year triple-net leases, including contractual 1% annual rent increases.
Property SizeContact for details
Days on Market112
Property Features for 277 Oakwood Dr NW
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Building Details
Year Built
2022
Tenancy
Single
Listing Agency:
Keller Williams Elevate
(561) 352-1783
Listed By:
Raymond Catena · License #432882
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 20 at 6:29PM
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 Keller Williams Elevate
Investment Insights
Based on property information with market context.
This offering includes five separately deeded townhome units constructed in 2022. The property is subject to 30-year triple-net leases with approximately 29 years remaining, executed with Appreciation Homes Leasing, LLC. Lease terms include a contractual 1% annual rent increase. The tenant is responsible for taxes, insurance, maintenance, repairs, and management, supporting a passive, hands-off ownership structure. Each unit may be sold individually or as a combined portfolio, providing flexibility for investors.
The townhomes are located in Milledgeville, Georgia, within a newer residential community. The asset is described as having convenient access to downtown Milledgeville, Lake Sinclair, retail corridors, and major commuter routes.
The townhomes are located in Milledgeville, Georgia, within a newer residential community. The asset is described as having convenient access to downtown Milledgeville, Lake Sinclair, retail corridors, and major commuter routes.
Key Highlights
- Five townhome units constructed in 2022 and offered with 30‑year triple‑net leases
- Approximately 29 years remaining on the lease terms, executed with Appreciation Homes Leasing, LLC
- Leases include a contractual 1% annual rent increase
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Explore this area
Business Placement
Demographics for 31061, GA
42,450
Population
19,323
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
272.9 sq mi
ZIP Area
156
Density / Sq Mi
$55,371
Median Household Income
$35,797
Median Earnings
$864
Median Rent
$167,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five 2022 townhomes are offered with 30-year triple-net leases, including contractual 1% annual rent increases.
Where is this apartment building located?
The property is located at 277 Oakwood Dr NW Milledgeville, GA.
What are key features of this property?
This property features: Five townhome units constructed in 2022 and offered with 30‑year triple‑net leases; Approximately 29 years remaining on the lease terms, executed with Appreciation Homes Leasing, LLC; Leases include a contractual 1% annual rent increase
