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6017 Second St N
Folkston, GA 31537
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
BACK ON THE MARKET!! Recently renovated!! Incredible investment. This is a high income generating property and business for sale. Total of 24 units (office included) on 3.3 acres of prime real estate. This property can generate some serious income. On-site property manager and maintenance. Property has a history of generating $11,000+ a month consistently. $600/month for 20 single units and $800/month for 3 double units. Separate electric meters. 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. 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 | 20 | - | 400 |
| 2+2 | 3 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | F002-003 | Improvements Assessment | $169,280 |
| Land Assessment | $26,400 | Total Assessment | $195,680 |
PROPERTY TAXES
