Turnkey Multifamily Investment
700 1st Street, Moultrie, GA 31768
New
Multi Unit - Moultrie, GA
Property size:
23,916 SFLot size:
1.75 AcresPrice / SF:
$91/SF- Added:
- May 12, 2026
- Days on Market:
- 1
- Last Refresh:
- May 12 at 6:06 pm
Property Features for 700 1st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Parking features
- Other
- Interior features
- Ceiling Fan(s)
- Exterior features
- None
- Appliances
- Other
- Standard status
- Active
- APN
- multi
- Size
- 23,916 SF
- Lot size
- 1.75 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10806
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Floors in Building
- 2
- Building materials
- Brick, Brick Veneer, Frame, Vinyl Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent John Courson (229) 251-4632
Listing office COLDWELL BANKER PREMIER REAL E 1616 Norman Dr, Valdosta, GA (229) 244-3535
Listing date May 12, 2026
MLS# 153644
Listing URL
Copyright © 2026 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey 22‑unit multifamily property with 100% occupancy and strong cash flow.
- Significant rental income upside: current rents of $19,865/month can be increased to a projected $22,530/month.
- Updated units featuring LVP flooring, fresh paint, central HVAC, and upgraded fixtures/appliances.
- Diversified unit mix (1BR, 2BR, 3BR, Studio) appealing to a wide range of tenants.
- Located in a growing market (Moultrie/Colquitt County) with positive economic trends.
- Individually metered units with tenants direct billed for utilities.
Overview
This is a 22-unit turnkey multifamily investment opportunity located in Moultrie, Georgia. The property is currently 100% occupied and generates strong cash flow. It consists of six buildings situated on three contiguous parcels, totaling approximately 23,916 square feet. The unit mix includes fourteen 2-bedroom/1-bathroom units, four 3-bedroom/2-bathroom units, three 1-bedroom/1-bathroom units, and one studio unit. This diversification caters to multiple tenant demographics and maximizes leasing demand. Current rents total $19,865 per month, with the potential to increase to market rates of $22,530 per month. All units have been updated with LVP flooring, fresh paint, central HVAC, and upgraded fixtures and appliances, while maintaining historic character and oversized floorplans. The property is located on a quiet dead-end public street with no through traffic, offering a unique, controlled residential setting. The units are individually metered, with tenants being direct-billed by utility providers. Moultrie and Colquitt County are experiencing positive economic growth, expanding employers, and increased regional investment, which supports a strong multifamily rental market. The property is situated on a 1.75-acre lot and is zoned R-3. The intended use of the property is multifamily residential. The property is offered as a residential income property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Moultrie
- County
- Colquitt
- State
- Georgia
- Longitude
- -83.7872073
- Latitude
- 31.1864242
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 22-unit Moultrie property with 100% occupancy and strong cash flow.
Where is this apartment building located?
The property is located at 700 1st Street Moultrie, GA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Turnkey 22‑unit multifamily property with 100% occupancy and strong cash flow.; Significant rental income upside: current rents of $19,865/month can be increased to a projected $22,530/month.; Updated units featuring LVP flooring, fresh paint, central HVAC, and upgraded fixtures/appliances.
