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Property profile & analytics
OFF-MARKET
Commercial real estate

103 Country Club Dr Americus, GA 31709

2.67 ac lot
Property ID
US22-2936488
Property summary
AI-generated overview

This exceptional 2.67-acre commercial land parcel is strategically located at 103 Country Club Drive in Americus, Georgia, zip code 31709. Priced at $2,500,000, this property presents a significant investment opportunity. The land is currently improved with a 40-unit apartment complex, comprising three two-story buildings totaling approximately 31,160 square feet (779 sq ft per unit average). The complex, built in 1971 and 1980, features 40 one-bedroom, one-bathroom units. Currently, 35 units (88%) are occupied, with the remaining 5 units undergoing complete renovations for immediate lease-up. The property boasts ample parking and is conveniently situated near national retailers and food providers. A recent variance has been secured for the construction of an additional 24 units, significantly increasing the property's potential. The property benefits from its location in Americus, a city with a diverse economy encompassing manufacturing, healthcare, education, agriculture, tourism, and retail sectors. Nearby schools include Sumter County Primary, Elementary, Middle, and High Schools. The property's existing buildings have a new roof (1846 S Lee Street) and updated landscaping. This is a rare opportunity to acquire a substantial land parcel with existing income-generating potential and significant expansion possibilities in a thriving Georgia community. The property's parcel numbers are 71B 200G and 71B 103.

Property profile
Verified
Property type Commercial real estate
Lot 2.67 ac (116,305 SF)
UPID US22-2936488
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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