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521 SE 5th Ave 4 Unit Apartment Building $395,000 ($98,750/Unit) 7.11% Cap Rate Moultrie, GA 31768

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INVESTMENT HIGHLIGHTS

  • Stabilized with Value-Add opportunity

EXECUTIVE SUMMARY

Proven multifamily opportunity in one of South Georgia’s most stable rental markets! 521 5th Avenue SE is a well-maintained, masonry-built quadplex with four spacious 2BR/1BA units averaging ±1,004 sq ft each. With current rents of $900/unit and comparable properties in the area achieving closer to $1,200/unit, there is significant room for income growth. Each unit is separately metered and residents are direct-billed for utilities—keeping operating expenses efficient for ownership. The property’s prime location -- just blocks from downtown Moultrie -- places tenants near shopping, dining, schools, employers, and community amenities. This makes it ideal for investors looking for steady cash flow with value-add potential, or for an owner-occupant who wants to live in one unit and have the other three help pay the freight. This quadplex may be purchased individually or as part of a portfolio with the neighboring quad at 515 5th Avenue SE, with a third quadplex just a block away also coming available soon. Moultrie and Colquitt County continue to see steady growth, fueled by strong local industries, excellent schools, and convenient access to I-75 and I-10. This is a great opportunity to secure an income-producing asset in a community with long-term stability and upside.

FINANCIAL SUMMARY (PRO FORMA - 2025) 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 - 2025) 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

Price $395,000
Price Per Unit $98,750
Sale Type Investment
Cap Rate 7.11%
Gross Rent Multiplier 9.14
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.25 AC
Building Size 4,016 SF
No. Stories 2
Year Built/Renovated 1940/1995
Parking Ratio 1.99/1,000 SF
Opportunity Zone Yes
Zoning C1T - Commercial - Multi-family allowed

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Porch

SITE AMENITIES

  • Private Bathroom

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M035-020
Land Assessment
$5,328 (2024)
Improvements Assessment
$38,429 (2024)
Total Assessment
$43,757 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 37387323

  • Date on Market: 8/22/2025

  • Last Updated:

  • Address: 521 SE 5th Ave, Moultrie, GA 31768

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