Current Use by Public Records
- Apartment buildings
Property Details for 1721 Cate Rd
- Property type
- Apartment buildings
Description
This exceptional 240-unit apartment building, located at 1721 Cate Road in Brunswick, Georgia, presents a compelling investment opportunity. Priced at $3,250,000 ($13,541.67 per unit), this multifamily property boasts a highly desirable MR zoning designation, allowing for up to 16 units per acre. Its strategic location near Exit 38 of I-95 ensures convenient access to major transportation arteries. The property benefits from its proximity to the thriving Tradewinds Technology Park on GA Spur 25, as well as established shopping and dining districts along Golden Isles Parkway. The surrounding area is experiencing significant growth, with numerous new commercial and multifamily developments underway, indicating a strong potential for future appreciation. This property is ideally situated within Glynn County, zip code 31525, offering investors a chance to capitalize on the burgeoning North Glynn County market. The property's size and zoning potential make it an attractive prospect for both immediate income generation and long-term value appreciation. This is a rare opportunity to acquire a substantial multifamily asset in a rapidly expanding area. The property's location offers easy access to amenities and a strong tenant base. This investment is poised for significant returns in a dynamic and growing market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brunswick
- County
- Glynn
- State
- Georgia
- Longitude
- -81.5052
- Latitude
- 31.2545
