538 Presley Rd Ludowici, GA 31316
This exceptional investment opportunity presents a 10-unit apartment building situated on a spacious 12.05-acre lot in Ludowici, Georgia. The property boasts a total of 15,000 square feet of living space, spread across two, two-story buildings. Built in 2001, this well-maintained complex offers a compelling return on investment, with each unit priced at $180,000, totaling an asking price of $1,800,000. The property is zoned for residential use (Res) and provides a strong cash flow potential. The individual units are not individually described, but the overall property condition suggests a solid rental income stream. This multifamily property is an ideal addition to any investor's portfolio, offering a blend of established income and significant land potential. The location in Ludowici, Long County, GA, 31316 provides a desirable setting for tenants. The property's size and layout offer opportunities for future expansion or redevelopment, subject to local zoning regulations. This is a rare opportunity to acquire a substantial multifamily property in a growing area. The price per square foot is $120, reflecting a competitive market value. Serious inquiries are encouraged to explore this lucrative investment further.
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.