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Property profile & analytics
OFF-MARKET
Commercial real estate

538 Presley Rd Ludowici, GA 31316

15,000 SF 12.05 ac lot Built 2001
Property ID
US22-3432865
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2001
Total area 15,000 SF
Lot 12.05 ac (524,898 SF)
UPID US22-3432865
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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