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Fully Leased 16-Unit Apartment Complex
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2220 Irwinton Rd, Milledgeville, GA 31061

Fully occupied 16-unit complex with uniform 1 bed/1 bath layouts; tenants pay all utilities.

Property SizeContact for details
Days on Market124

Property Features for 2220 Irwinton Rd

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Sherman & Hemstreet Real Estate Company
Listed By: Zack Hartman · License #GA 380862
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:28PM

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 Sherman & Hemstreet Real Estate Company

Investment Insights

Based on property information with market context.

This fully occupied 16-unit apartment complex offers a consistent unit mix, with all apartments featuring the same 1-bedroom, 1-bath floor plan. The property is currently operating as a rental community, with tenants responsible for all utility expenses. According to the remarks, the landlord’s responsibility is limited to taxes and insurance.

The complex is located at 2220 Irwinton Rd in Milledgeville, GA 31061. Reported rental rates range from $375 to $400, and the remarks indicate the rent levels are below market, with potential to increase to $425 across the board.

For investors and owner-operators seeking a hands-on residential income property, the fully occupied status and uniform layout support straightforward leasing and property management.

Key Highlights

  • Fully occupied 16‑unit apartment complex
  • All 16 units feature the same 1 bed / 1 bath floor plan
  • Tenants pay all utilities; landlord is responsible for taxes and insurance

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Nail Salon Big Box & Wholesale Store Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

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

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 - Fully occupied 16-unit complex with uniform 1 bed/1 bath layouts; tenants pay all utilities.
Where is this apartment building located?
The property is located at 2220 Irwinton Rd Milledgeville, GA.
What are key features of this property?
This property features: Fully occupied 16‑unit apartment complex; All 16 units feature the same 1 bed / 1 bath floor plan; Tenants pay all utilities; landlord is responsible for taxes and insurance
More about this property
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