New 6-Unit Multifamily
For Sale
Contact for pricing
616 & 603 Elberta, Fort Valley, GA 31030
Newly constructed 6-unit building with six 3-bedroom, 3-bath units featuring en-suite bathrooms and in-unit stackable laundry.
Property Size7,000 SF
Price / SF$140
Days on Market70
Property Features for 616 & 603 Elberta
General Information
Standard status
Active
Size
7,000 SF
Class
A
Property subtype
Multifamily
Occupancy
100%
Lease Type
Gross
Investment Type
Stabilized
Net Operating Income
$151,200
Additional Details
Cap Rate
13%
Multifamily Units
6
Building Details
Year Built
2026
Buildings
2
Units
6
Tenancy
Multi
Listing Agency:
Bob Mathews
Listed By:
Jill Jones · License #395680
(510) 776-5325
Source:
Crexi
Added: Jun 28
Changed: Aug 27
Last Checked: Sep 3 at 8:41AM
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 Bob Mathews
Investment Insights
Based on property information with market context.
This newly constructed 6-unit multifamily building offers six spacious 3-bedroom, 3-bathroom units, totaling 18 bedrooms and 18 bathrooms. Each bedroom includes a private en-suite bathroom, supporting shared-living layouts while maintaining privacy. Units feature durable finishes, plank flooring throughout, a black appliance package, and in-unit stackable washer and dryer.
The property has not yet been occupied, so historical operating statements are not available. Executed leases, projected income information, construction updates, the comparable appraisal, and lease documentation are available for qualified buyers upon request.
Only full price offers will be considered, and no seller financing is available. Prospective buyers must be preapproved prior to viewing.
The property has not yet been occupied, so historical operating statements are not available. Executed leases, projected income information, construction updates, the comparable appraisal, and lease documentation are available for qualified buyers upon request.
Only full price offers will be considered, and no seller financing is available. Prospective buyers must be preapproved prior to viewing.
Key Highlights
- Newly constructed 6‑unit multifamily building (Year built: 2026)
- Six units total: each unit offers 3 bedrooms and 3 bathrooms (18 beds and 18 baths total)
- Each bedroom includes a private en‑suite bathroom
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Explore this area
Business Placement
Demographics for 31030, GA
17,768
Population
7,942
Households
2.2
Avg Household Size
37
Median Age
20%
College-Educated
83%
High-School Grad
174.9 sq mi
ZIP Area
102
Density / Sq Mi
$58,141
Median Household Income
$32,267
Median Earnings
$839
Median Rent
$125,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly constructed 6-unit building with six 3-bedroom, 3-bath units featuring en-suite bathrooms and in-unit stackable laundry.
Where is this apartment building located?
The property is located at 616 & 603 Elberta Fort Valley, GA.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Newly constructed 6‑unit multifamily building (Year built: 2026); Six units total: each unit offers 3 bedrooms and 3 bathrooms (18 beds and 18 baths total); Each bedroom includes a private en‑suite bathroom
