For Sale
$3,250,000

1721 Cate RdBrunswick, GA 31525

240-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 240-unit apartment building, located at 1721 Cate Road in Brunswick, Georgia, presents a compelling investment opportunity. Priced at $3,250,000 ($13,541.67 per unit), this multifamily property boasts a highly desirable MR zoning designation, allowing for up to 16 units per acre. Its strategic location near Exit 38 of I-95 ensures convenient access to major transportation arteries. The property benefits from its proximity to the thriving Tradewinds Technology Park on GA Spur 25, as well as established shopping and dining districts along Golden Isles Parkway. The surrounding area is experiencing significant growth, with numerous new commercial and multifamily developments underway, indicating a strong potential for future appreciation. This property is ideally situated within Glynn County, zip code 31525, offering investors a chance to capitalize on the burgeoning North Glynn County market. The property's size and zoning potential make it an attractive prospect for both immediate income generation and long-term value appreciation. This is a rare opportunity to acquire a substantial multifamily asset in a rapidly expanding area. The property's location offers easy access to amenities and a strong tenant base. This investment is poised for significant returns in a dynamic and growing market.

Highlights

  • MR zoning (16 units per acre).
  • Excellent location near I-95 Exit 38.
  • Convenient to Golden Isles Parkway shopping and dining.
  • Proximity to new commercial and multifamily developments.
  • Rapidly growing North Glynn County location.

Property Details for 1721 Cate Rd

Property type
Apartment buildings
Units
240

Location Insight

City
Brunswick
County
Glynn
State
Georgia
Latitude
31.2544619
Longitude
-81.5052327
1721 Cate Rd, Brunswick, Georgia

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1721 Cate Rd
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