For Sale
$249,000

507 12Th Ave Cordele, GA 31015

Four Single-Family Homes, High Yield

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a portfolio of four single-family rental properties located in Cordele, Georgia, within Crisp County. The portfolio boasts a total of four buildings, each a single-story structure, offering a combined square footage ranging from 1,736 to 2,988 square feet. Currently, the portfolio enjoys a 75% occupancy rate, generating substantial rental income. Individual unit rents are strong, with monthly income ranging from $650 to $1,050 per unit. The asking price for the entire portfolio is $249,000, representing an attractive price per unit of $62,250. The properties are situated at the following addresses: 720 E 13th Ave, 715 E 17th Ave, 511 E 13th Ave, and 507 E 12th Ave, Cordele, GA 31015. This is a prime investment opportunity for those seeking a diversified rental income stream in a stable market. Showings are available only during the due diligence period

Highlights

  • Four-unit single-family rental portfolio in Cordele, GA.
  • Each unit is a single-story building ranging from 1,736 to 2,988 square feet.
  • Currently 75% occupied, generating monthly rental income of $650-$1,050 per unit.
  • Asking price: $249,000 ($62,250 per unit).
  • Located at 720 E 13th Ave, 715 E 17th Ave, 511 E 13th Ave, and 507 E 12th Ave, Cordele, GA 31015.

Property Details for 507 12Th Ave

Property type
Residential income homes
Square Feet
1,736 SF
Buildings
4
Stories
1
Units
4

Location Insight

City
Cordele
County
Crisp
State
Georgia
Latitude
31.968089590188
Longitude
-83.775646248696

FAQs

What type of property is this?
Residential income home - Four Single-Family Homes, High Yield
Where is the residential income home located?
The property is located at 507 12Th Ave Cordele, GA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Four-unit single-family rental portfolio in Cordele, GA.; Each unit is a single-story building ranging from 1,736 to 2,988 square feet.; Currently 75% occupied, generating monthly rental income of $650-$1,050 per unit.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
507 12Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message