Remodeled Two-Residence
New
For Sale
$314,900
541 Myers Hill Road, Brunswick, GA 31523
Residential Income, Brunswick, GA
Property Size1,792 SF
Lot Size1.00 Acre
Price / SF$175.73
Days on Market6
Property Features for 541 Myers Hill Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Mixed Use
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Laundry Room, Bathroom 1
Parking
3
Security features
Security System
Interior features
Ceiling Fan(s), Crown Molding, Pantry, Soaking Tub, Walk-In Closet(s), Separate Shower
Exterior features
Private Yard
Fencing
Fenced
Appliances
Electric Range, Ice Maker, Plumbed For Ice Maker, Range, Refrigerator, Range Hood
Subdivision
Myers Hill
Lot features
Back Yard, Cleared, Level, Full Size Lot
Elementary school
Satilla Marsh
Middle school
Risley Middle School
Directions
Traveling 95 South Take exit 29 to the right on Highway 17, travel .4 miles and take a left on Highway 17 at the Red light. Travel 1.1 miles and turn right on Buck Swamp RD continue traveling 1.5 miles on Buck Swamp RD and turn right onto Myers Hill RD. Continue 1.0 miles on Myers Hill RD and the properties are on the left side of the road. The double wide 541 Myers Hill RD is in the front of the property with the single wide 537 Myers Hill RD being located behind.
Standard status
Active
APN
0201208
Size
1,792 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
1 Ac Brookman
Tax Annual Amount
1870
Legal Description
1 Ac Brookman
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Well
Amenities
porches
fenced backyard
Building Details
Year built
1995
Number of units
2
Flooring type
Laminate
Building materials
Vinyl Siding
Roof type
Metal
Architectural style
Other
Listing Agency:
Avalon Properties Group, LLC
(912) 289-4990
Listed By:
Paula Morris · License #447589
(706) 496-5888
Added: Sep 20
Changed: Sep 21
Last Checked: Sep 25 at 8:06AM
MLS# 2002634
Copyright © 2026 Golden Isles Association 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 duplex property includes two detached residences on one parcel. The remodeled 1,792-square-foot double-wide offers four bedrooms, two full bathrooms, walk-in closets, and a split-bedroom layout. A second 1,216-square-foot single-wide provides three bedrooms, two full bathrooms, large closets, and attached entrance and exit porches. Both homes were built in 1995; the smaller residence is livable and requires minimal updating.
The property is located in Brunswick, Georgia, along a paved road and includes established landscaping, a wooden-fenced backyard, a single-car carport, and an additional shelter. Both residences share a well and septic system. Interior features include central heating and cooling, laminate flooring, ceiling fans, crown molding, pantry space, soaking tubs, and separate showers. Appliances include ranges, a refrigerator, range hood, and ice-maker provisions.
The property is located in Brunswick, Georgia, along a paved road and includes established landscaping, a wooden-fenced backyard, a single-car carport, and an additional shelter. Both residences share a well and septic system. Interior features include central heating and cooling, laminate flooring, ceiling fans, crown molding, pantry space, soaking tubs, and separate showers. Appliances include ranges, a refrigerator, range hood, and ice-maker provisions.
Key Highlights
- Two residences: a 1,792‑square‑foot double‑wide and a 1,216‑square‑foot single‑wide
- Remodeled larger home with four bedrooms, two full bathrooms, and split‑bedroom layout
- Second residence includes three bedrooms, two full bathrooms, and large closets
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
$14,778
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
4.69%
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%
$295,560
$295.6K
Cap Rate 7%
$211,114
$211.1K
Cap Rate 9%
$164,200
$164.2K
Market Conditions
NOI Build-Up for 1,792 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
$22.6K $12.60/SF
− Vacancy
−$1.5K −$0.82/SF
EGI
$21.1K $11.78/SF
− OpEx
−$6.3K −$3.53/SF
NOI
$14.8K $8.25/SF
Area
Glynn County, GA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
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%
$295,560
Cap Rate 7%
$211,114
Cap Rate 9%
$164,200
Alternative Uses
Best Use
Multifamily LT 5
$211.1K
$184.7K – $246.3K
NOI $14,778 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$195.8K
$171.3K – $228.4K
NOI $13,704 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$371.9K
$325.4K – $433.9K
NOI $26,034 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 31523, GA
14,803
Population
5,773
Households
2.6
Avg Household Size
42
Median Age
28%
College-Educated
90%
High-School Grad
191.5 sq mi
ZIP Area
77
Density / Sq Mi
$90,148
Median Household Income
$50,684
Median Earnings
$1,023
Median Rent
$276,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer flexible living arrangements with shared site utilities and outdoor improvements.
Where is this duplex located?
The property is located at 541 Myers Hill Road Brunswick, GA.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Two residences: a 1,792‑square‑foot double‑wide and a 1,216‑square‑foot single‑wide; Remodeled larger home with four bedrooms, two full bathrooms, and split‑bedroom layout; Second residence includes three bedrooms, two full bathrooms, and large closets
