538 Presley RdLudowici, GA 31316

Property Details for 538 Presley Rd

Year built

2001

Lot size

12.05 AC

Property size (Sq ft)

15,000 SF

Property type

Apartment buildings

Description

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.

Location Insight

City

Ludowici

County

Long

State

Georgia

Latitude

31.7298

Longitude

-81.743

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