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150 Church St SW 4,800 SF 100% Leased Office Building Pelham, GA 31779 $510,000 ($106.25/SF) 7.69% Cap Rate



Executive Summary
This four-unit apartment complex presents an exceptional investment opportunity with immediate, stable cash flow. The property is fully occupied, generating a strong monthly income of $4,400, making it an ideal addition to any investor’s portfolio. Each unit offers comfortable living spaces with practical layouts that appeal to long-term tenants, contributing to consistent occupancy and reliable returns. Whether you're a seasoned investor or looking to expand your real estate holdings, this turnkey multi-family property delivers both steady income and long-term growth potential. Don’t miss the chance to own a high-performing asset in a desirable rental market.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,800 SF
Building Class
C
Year Built
1900
Price
$510,000
Price Per SF
$106.25
Cap Rate
7.69%
NOI
$39,244
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,400 SF
Building FAR
0.22
Lot Size
0.49 AC
Zoning
COMIMP
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | P0170-231-000 | Total Assessment | $58,540 (2025) |
| Land Assessment | $7,080 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $51,460 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
P0170-231-000
Land Assessment
$7,080 (2025)
Improvements Assessment
$51,460 (2025)
Total Assessment
$58,540 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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150 Church St SW
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