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6017 Second St N
Folkston, GA 31537
CASH MONSTER!! · Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Building Size | 11,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C | Parking Ratio | 4.35/1,000 SF |
| Lot Size | 3.40 AC | ||
| Zoning | Multifamily/Hotel | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.40 AC |
| Building Size | 11,500 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 4.35/1,000 SF |
| Zoning | Multifamily/Hotel |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Oven
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
ABOUT 6017 SECOND ST N , FOLKSTON, GA 31537
*CALL US FOR SHOWINGS* Incredible investment. This is a high income generating property and business for sale. Property has been recently renovated. Transient license is available at this location!!! Total of 24 units (office included) on 3.3 acres of prime real estate. This property can generate some serious income: $178,800 a year when fully occupied and well managed and $250,800 with added mobile home and RV pads. Decent overall condition. On-site property manager and handyman. Property has a history of generating $11,000+ a month consistently. Weekly rental at $150+/week for 20 single units and $250+/week for 3 double units. Separate electric meters, tenants pay for electricity. Electric is updated. On-site laundry facility. Additional space with electric, water and sewer hookup to add additional housing. Tons of industry in town. Only 45 mins away from Jacksonville, FL and 8 miles from Florida/Georgia border. Folkston, GA seen 91% population growth in the last 7 years!!! Units rent immediately and always stay full. Mobile home and RV pads can be added in the back for additional income. 20 pads will generate a whooping $6000/month at $300/pad!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 400 |
PROPERTY TAXES
| Parcel Number | F002-003 | Improvements Assessment | $169,280 |
| Land Assessment | $26,400 | Total Assessment | $195,680 |
PROPERTY TAXES
