1167 Old Thomasville RdCairo, GA 39827

Property Details for 1167 Old Thomasville Rd

Year built

2023

Lot size

5.00 AC

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional 14-unit single-family rental portfolio presents a compelling investment opportunity in Cairo, Georgia. Situated on a spacious 5-acre lot at 1167 Old Thomasville Rd, Grady County, zip code 39827, this property boasts 10 buildings constructed in 2023. The portfolio comprises three duplex cabins, seven individual cabins, and one RV hookup, all currently leased, generating a substantial monthly income of $12,400. The property's high occupancy rate (100%) and existing waiting list underscore its strong rental demand. Further enhancing this turnkey investment, the sale includes a John Deere 2025 tractor/loader with rear attachments and a brand new (April 2024) Toro Zero Turn mower, valued at $20,000. Landscaping improvements, including new trees along the driveway, will be completed before closing. The property offers a 10% capitalization rate, making it an attractive addition to any real estate portfolio. This is a rare opportunity to acquire a fully operational, high-performing rental property with significant upside potential. The property is conveniently located on the outskirts of Cairo, offering easy access to nearby Thomasville. An on-site laundry facility adds further convenience for tenants. This turnkey investment is ready for immediate income generation.

Location Insight

City

Cairo

County

Grady

State

Georgia

Latitude

30.9039

Longitude

-84.1192

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