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5206 Danieli Dr N 4 Unit Apartment Building $560,000 ($140,000/Unit) 5.61% Cap Rate Lake Park, GA 31636

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INVESTMENT HIGHLIGHTS

  • Multi-family (two duplexes, four total units)
  • Open living areas, large kitchens, back patios, and in-unit laundry connections
  • Individually metered; tenants direct billed by utility companies
  • Each unit offers 3 bedrooms and 2.5 bathrooms with spacious two-story layouts
  • One building with metal roof, the other with architectural shingles

EXECUTIVE SUMMARY

Property Description: Now available: a rare townhome-style multifamily offering of a ±0.34 acre parcel consisting of two duplexes (four total units), each delivering approximately 1,092 square feet of well-designed living space. All units feature 3 bedrooms, 2.5 bathrooms, spacious two-story layouts, open living areas, large kitchens, back patios, and convenient in-unit laundry connections—highly desirable features that consistently attract quality tenants. Situated just minutes from the beloved Twin Lakes area, this property benefits from a recreational and lifestyle hub known for its boating, fishing, camping, waterfront parks, and family-friendly environment. The Twin Lakes community has become one of South Georgia’s most appealing residential pockets, drawing both renters and homeowners seeking scenic surroundings and easy access to outdoor amenities. With Lake Park’s strong growth, nearby retail, and quick connectivity to I-75, the location supports long-term rental demand and appreciation. This offering appeals to both investors and owner-users. Investors will appreciate the stable performance and durable demand for townhome-style units in this high-activity corridor. Owner-occupiers can leverage attractive financing and significantly reduce their living expenses by occupying one unit while generating income from the others. Metal roof on one, architectural shingles on other, vinyl siding, individually metered and tenants direct billed by utility companies. Rent roll and financials available to qualified prospects! With its combination of size, location, lifestyle appeal, and rental strength, this asset stands out as a compelling long-term hold or flexible live-and-rent opportunity. A solid multifamily offering in the highly desirable Twin Lakes/Lake Park market.

PROPERTY FACTS

Price $560,000
Price Per Unit $140,000
Sale Type Investment
Cap Rate 5.61%
Gross Rent Multiplier 11.6
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.34 AC
Building Size 4,368 SF
Average Occupancy 100%
No. Stories 2
Year Built 1984
Parking Ratio 2.29/1,000 SF
Zoning R-10 - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Ceiling Fans
  • Refrigerator
  • Range
  • Carpet
  • Family Room

SITE AMENITIES

  • Individual Locking Bedrooms

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2.5 4 $1,025 1,092
  • Listing ID: 38491436

  • Date on Market: 11/18/2025

  • Last Updated:

  • Address: 5206 Danieli Dr N, Lake Park, GA 31636

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