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Turnkey Multifamily Investment Opportunity
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700 SW 1st Street, Moultrie, GA 31768

22-unit apartment complex in Moultrie, GA with strong cash flow.

Property Size23,916 SF
Price / SF$91.78
Days on Market88

Property Features for 700 SW 1st Street

General Information

Standard status Active
Size 23,916 SF
Class B
Property subtype Special Purpose
Zoning R-3
Occupancy 100%

Building Details

Units 22
Listing Agency: Coldwell Banker Commercial Premier Real Estate
Listed By: John Courson · License #342868
Source: Crexi
Added: May 13 Changed: Aug 8 Last Checked: Jul 19 at 9:22AM

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 Coldwell Banker Commercial Premier Real Estate

Investment Insights

Based on property information with market context.

This is a 22-unit multifamily investment opportunity located in Moultrie, Georgia. The property is currently 100% occupied and generates strong cash flow. It comprises 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. The current total monthly rent is $19,865, with the potential to increase to approximately $22,530 per month based on market rates. All units have been updated with LVP flooring, fresh paint, central HVAC, and upgraded fixtures and appliances, while preserving historic character and oversized floorplans. The property is located on a quiet dead-end public street with no through traffic, offering a controlled residential setting. The units are individually metered, with tenants being directly 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 offered as a turnkey investment opportunity.

Key Highlights

  • 100% Occupancy and Strong Cash Flow
  • Turnkey Multifamily Investment Opportunity
  • Potential to Increase Rents to Market Rates (±$22,530/mo)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Plumbing Service Bakery Carpet & Flooring Store Dental Office

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

739
Businesses Nearby

Demographics for 31768, GA

23,050
Population
9,820
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
80%
High-School Grad
142.4 sq mi
ZIP Area
162
Density / Sq Mi
$44,895
Median Household Income
$35,074
Median Earnings
$724
Median Rent
$134,000
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 - 22-unit apartment complex in Moultrie, GA with strong cash flow.
Where is this apartment building located?
The property is located at 700 SW 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: 100% Occupancy and Strong Cash Flow; Turnkey Multifamily Investment Opportunity; Potential to Increase Rents to Market Rates (±$22,530/mo)
(229) 244-3535 Call to check price and availability
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