Property profile

1900 City Circle Rd Baxley, GA 31513

OFF-MARKET
Apartment buildings
0.55 ac lot Built 1985
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 1985
Lot 0.55 ac (23,958 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1900 City Circle Rd Baxley, GA 31513
Baxley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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