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Apartment Building with Brick Construction
For Sale
$1,500,000

40 Park Place, Lenox, GA 31637

Residential Income, Lenox, GA

Property Size3,224 SF
Lot Size2.06 Acres
Price / SF$465.26
Days on Market63

Property Features for 40 Park Place

General Information

Property type Residential Multi Family
Property subtype Other
Interior features Cable TV, Paved Drive
Subdivision Cook
Standard status Active
Size 3,224 SF
Lot size 2.06 Acres

Building Details

Number of units 16
Listing Agency: Premier Realty Group of GA
Listed By: Sherry Joyce
Added: Jun 30 Changed: Aug 19 Last Checked: Aug 31 at 7:06PM
MLS# 117897

Copyright © 2026 Douglas Coffee County 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 apartment property comprises 16 units within a single-story brick building measuring 3,224 square feet. The 2.06-acre site includes paved drive areas, parking, and green space. Interior features include Cable TV and a paved drive, providing basic resident and site infrastructure.

The property is located at 40 Park Place in Lenox, Georgia, within ZIP code 31637 and Cook County. The surrounding area includes schools, shopping, dining, and major employers. Its South Georgia location and apartment configuration support continued use as a multifamily residential asset.

Key Highlights

  • 16‑unit apartment complex on 2.06 acres
  • 3,224‑square‑foot single‑story brick building
  • Paved parking and drive areas

Property Analytics

Current Use

Apartment buildings

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 31637, GA

3,086
Population
1,360
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
79%
High-School Grad
82.5 sq mi
ZIP Area
37
Density / Sq Mi
$59,138
Median Household Income
$36,493
Median Earnings
$834
Median Rent
$112,500
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 - Single-story brick property with paved parking and landscaped open space.
Where is this apartment building located?
The property is located at 40 Park Place Lenox, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 16‑unit apartment complex on 2.06 acres; 3,224‑square‑foot single‑story brick building; Paved parking and drive areas
More about this property
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