For Sale
$545,000

Doc Darbyshire Rd Norman Park, GA 31768

72-Unit Apartment Tract, Shovel-Ready

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 5.45-acre parcel in Moultrie, Georgia, presents a unique opportunity for developers and investors. Located in Colquitt County, on Doc Darbyshire Rd, zip code 31768, this R4-zoned property is fully entitled for the construction of a 72-unit apartment complex. All utilities are on-site, and the project boasts a Land Disturbance Permit (LDP), making it truly shovel-ready. Detailed engineering plans are available. The six existing buildings on the property are not specified. The property is classified as Class B multifamily and offers six pads. Its prime location within Moultrie's commercial area provides easy access to retail, hospitality, and dining establishments. Furthermore, this advantageous location within an Opportunity Zone offers potential tax benefits for investors. The asking price is $545,000, translating to approximately $7,569.44 per unit. The property's APN is M048A-21. This is an individual ownership property. This is a ready-to-develop investment opportunity with significant potential for growth and return.

Highlights

  • 5.45-acre, R4-zoned, shovel-ready apartment tract in Moultrie, GA (31768).
  • Fully entitled for a 72-unit apartment complex with all utilities on-site and engineering plans available.
  • Land Disturbance Permit issued.
  • Located in Moultrie's commercial area near retail and dining, within an Opportunity Zone.
  • Asking price: $545,000 ($7,569.44 per unit); APN: M048A-21.

Property Details for 0 Doc Darbyshire Rd

Property type
Apartment buildings
Class
B
Buildings
6
Lot Size (sq. ft)
237,402 SF
Units
72

Location Insight

City
Norman Park
County
Colquitt
State
Georgia
Latitude
31.190031916646
Longitude
-83.766164049277

FAQs

What type of property is this?
Apartment building - 72-Unit Apartment Tract, Shovel-Ready
Where is the apartment building located?
The property is located at Doc Darbyshire Rd Norman Park, GA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 5.45-acre, R4-zoned, shovel-ready apartment tract in Moultrie, GA (31768).; Fully entitled for a 72-unit apartment complex with all utilities on-site and engineering plans available.; Land Disturbance Permit issued.
How can I contact the broker?
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0 Doc Darbyshire Rd
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