507 12Th Ave Cordele, GA 31015
- Residential income homes
- 1,736 SF
Current Use by Public Records
- Residential income homes
Property Details for 507 12Th Ave
- Property size
- 1,736 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of four single-family rental properties located in Cordele, Georgia, within Crisp County. The portfolio boasts a total of four buildings, each a single-story structure, offering a combined square footage ranging from 1,736 to 2,988 square feet. Currently, the portfolio enjoys a 75% occupancy rate, generating substantial rental income. Individual unit rents are strong, with monthly income ranging from $650 to $1,050 per unit. The asking price for the entire portfolio is $249,000, representing an attractive price per unit of $62,250. The properties are situated at the following addresses: 720 E 13th Ave, 715 E 17th Ave, 511 E 13th Ave, and 507 E 12th Ave, Cordele, GA 31015. This is a prime investment opportunity for those seeking a diversified rental income stream in a stable market. Showings are available only during the due diligence period
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cordele
- County
- Crisp
- State
- Georgia
- Longitude
- -83.7757
- Latitude
- 31.9681