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    55 Center St Winder, GA 30680

    For Sale
    $2,640,000

    132-Unit Multifamily Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 132-unit apartment building, located at 55 S Center Street in Winder, Georgia (zip code 30680), presents a compelling investment opportunity. Currently operating, the property boasts a strong potential for future growth and development. The asking price is $2,640,000, translating to an attractive price per unit of $20,000. The property is zoned R-3, allowing for a variety of uses and development possibilities. Situated in Barrow County, this multifamily complex offers convenient access to local amenities and services. The existing structure provides a solid foundation for immediate income generation, while the R-3 zoning opens doors for future expansion or redevelopment projects. Detailed renderings are available illustrating potential development scenarios. This property is ideally suited for investors seeking a high-yield, multifamily asset in a thriving Georgia market. The property's prime location and zoning make it an attractive proposition for both short-term and long-term investment strategies. Further information and supporting documentation are readily available upon request. This is a rare opportunity to acquire a substantial multifamily property in a rapidly growing area. Don't miss out on this chance to secure a significant return on investment.

    Property Features for 55 Center St

    General Information

    Property type
    Multifamily properties

    Building Details

    Units
    132

    HighLights

    • 132‑unit apartment building at 55 S Center Street, Winder, GA 30680.
    • Asking price: $2,640,000 ($20,000 per unit).
    • R‑3 zoning allows for diverse uses and development.
    • Strong potential for future growth and immediate income generation.
    • Located in Barrow County with convenient access to amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winder
    County
    Barrow
    State
    Georgia
    Longitude
    -83.729127
    Latitude
    33.989481

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    FAQs

    What type of property is this?
    Multifamily property - 132-Unit Multifamily Investment Opportunity
    Where is this multifamily property located?
    The property is located at 55 Center St Winder, GA.
    What is the asking price?
    The asking price for this property is $2,640,000.
    What are key features of this property?
    This property features: 132-unit apartment building at 55 S Center Street, Winder, GA 30680.; Asking price: $2,640,000 ($20,000 per unit).; R-3 zoning allows for diverse uses and development.
    Request Owner's contact information
    55 Center St Winder, GA 30680
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    Winder, GA 30680
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Center St Winder, GA 30680
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