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Listed by Caleb Ross Canopy Realty Group
$ 741,000
Est. payment /mo
Active
1018 - 1027 Century Dr #10 Douglas, GA 31533
8 Beds
4 Baths
8,116 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Active
Purchase Type For Sale
Square Footage 8,116 sqft
Price per Sqft $91
MLS Listing ID 153870
Bedrooms 8
HOA Y/N No
Year Built 1985
Lot Size 1.350 Acres
Property Sub-Type Multi Unit
Property Description
1018–1027 Century Drive presents a rare opportunity to acquire a recently renovated 10-unit multifamily portfolio in Douglas, Georgia currenting bringing in $74,400 annually of stable income. The offering consists of two quadplexes and one duplex, totaling six (6) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units. Currently leased at approximately $620 per unit, the property offers significant upside with market rents supporting approximately $760 per unit, providing investors with a clear path to increased cash flow and value creation. All units are individually metered, with utilities paid directly by tenants, minimizing landlord expenses and operational complexity. Recent capital improvements include renovated interiors throughout the portfolio and new metal roofs on two of the three buildings, resulting in minimal deferred maintenance and a turnkey investment opportunity. Located in the growing South Georgia market of Douglas, the property benefits from steady rental demand driven by regional employment, healthcare, education, and manufacturing sectors. With an attractive basis, strong in-place occupancy, and substantial rental upside, 1018, 1020, 1022, 1024, 1026, 1028, 1021, 1023, 1025, 1027 Century Drive is well-positioned for investors seeking durable cash flow, long-term appreciation, and value-add potential. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP.
Location
State GA
Area 11-Other
Zoning C
Interior
Interior Features Insulated
Heating Central
Cooling Central Air, Electric
Appliance Other
Exterior
Exterior Feature Other
Parking Features 3+ Cars
Garage Spaces 3.0
View Y/N No
Roof Type Metal
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Others
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