700 1st St SW Unit 22 Moultrie, GA 31768
Estimated payment $12,618/month
Highlights
- No HOA
- Central Heating and Cooling System
- Ceiling Fan
- Brick Veneer
About This Home
22-unit turnkey multifamily investment opportunity in Moultrie with 100% occupancy and strong cash flow. Six buildings across three contiguous parcels totaling approximately 23,916 SF. Unit mix includes fourteen 2BR/1BA units, four 3BR/2BA units, three 1BR/1BA units, and one studio unit, providing diversification across multiple tenant demographics and maximizing leasing demand. Current rents total $19,865/month with ability to bump to market rates of $22,530/mo. All units have been updated with LVP flooring, fresh paint, central HVAC, and upgraded fixtures/appliances while maintaining historic character and oversized floorplans. The property offers a unique, controlled residential setting on a quiet dead-end public street with no through traffic. Individually metered units with tenants direct billed by utility providers. Moultrie and Colquitt County continue to benefit from positive economic growth, expanding employers, and increased regional investment that support a strong multifamily rental market. Offered at $2,195,000 with projected cap rates of 7.06% current and 8.01% pro forma - rent roll, financials, and full offering memorandum available to qualified prospects.
Listing Agent
COLDWELL BANKER PREMIER REAL E Brokerage Phone: 2292443535 License #342868 Listed on: 05/11/2026
Co-Listing Agent
COLDWELL BANKER PREMIER REAL E Brokerage Phone: 2292443535 License #452708
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,806
Home Design
- Brick Veneer
- Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 23,916 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Additional Features
- 1.75 Acre Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Moultrie Subdivision
Listing and Financial Details
- Assessor Parcel Number multi
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | For Sale | $2,195,000 | -- | $92 / Sq Ft |
Source: South Georgia MLS
MLS Number: 153644
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Ask me questions while you tour the home.