1900 City Circle Rd, Baxley, GA 31513
This exceptional investment opportunity presents two quadplex apartment buildings situated on a 0.55-acre lot in Baxley, Georgia. Built in 1985, the property consists of two single-story buildings, each housing four units. Each unit boasts two bedrooms and one bathroom, featuring an open layout with modern kitchens and spacious living areas. Convenient in-unit laundry hookups are included. Currently, all eight units are rented, generating a substantial monthly income of $5,450. The property's strong financial performance is further evidenced by a Net Operating Income (NOI) of $50,743. Annual expenses include property taxes of $3,454, flood insurance of $1,600, and general insurance of $3,964. The property's prime location offers easy access to local shopping, dining, and recreational parks, ensuring high tenant demand and occupancy rates. This turnkey investment is ideal for those seeking immediate cash flow and long-term appreciation potential. The property's APN is M003 010. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a desirable location. The asking price is $600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.