For Sale
$1,800,000

538 Presley RdLudowici, GA 31316

10-Unit Apartment Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • 12-acre lot with 15,000 square feet of living space.
  • Three master suites on the main level plus two additional bedrooms.

Property Details for 538 Presley Rd

Property type
Apartment buildings
Square Feet
15,000 SF
Year Built
2001
Buildings
2
Stories
2
Lot Size (sq. ft)
524,898 SF
Units
10

Location Insight

City
Ludowici
County
Long
State
Georgia
Latitude
31.7297772
Longitude
-81.7429593
538 Presley Rd, Ludowici, Georgia

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538 Presley Rd
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