700 1st Street 22 Moultrie, GA 31768
Listing Courtesy of: VALDOSTA/SOUTH GEORGIA / Coldwell Banker Premier Real Estate / John Courson - Contact:  2292443535

  700 1st Street 22 Moultrie, GA 31768

Active (3 Days)
$2,195,000 (USD)
23,916
SQFT

Description

22-unit turnkey multifamily investment opportunity in Moultrie with 100% occupancy and strong cash flow. Six buildings across three contiguous parcels totaling approximately 23,916 SF. Unit mix includes fourteen 2BR/1BA units, four 3BR/2BA units, three 1BR/1BA units, and one studio unit, providing diversification across multiple tenant demographics and maximizing leasing demand. Current rents total $19,865/month with ability to bump to market rates of $22,530/mo. All units have been updated with LVP flooring, fresh paint, central HVAC, and upgraded fixtures/appliances while maintaining historic character and oversized floorplans. The property offers a unique, controlled residential setting on a quiet dead-end public street with no through traffic. Individually metered units with tenants direct billed by utility providers. Moultrie and Colquitt County continue to benefit from positive economic growth, expanding employers, and increased regional investment that support a strong multifamily rental market. Offered at $2,195,000 with projected cap rates of 7.06% current and 8.01% pro forma - rent roll, financials, and full offering memorandum available to qualified prospects.

MLS #:
153644
Lot Size
1.75 acres
Type
Multifamily
County
Colquitt County

Listed By

John Courson, Coldwell Banker Premier Real Estate, Contact: 2292443535
Source
VALDOSTA/SOUTH GEORGIA
Last checked May 13 2026 at 10:20 AM GMT+0000
Bathroom Details
Subdivision
  • Moultrie
Heating and Cooling
  • Central Air
Basement Information
  • No
Pool Information
  • None
Exterior Features
  • Frame
  • Brick Veneer
  • Vinyl Siding
  • Roof: Metal
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
Parking
  • Other
Stories
  • 2
Additional Information: Premier Real Estate | 2292443535
Location
   
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Disclaimer: Copyright 2023 Valdosta Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/21/23 09:29