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6017 Second St N
Folkston, GA 31537
Multifamily Property For Sale · 24 Units

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype
Apartment
  • Hospitality Hotel
Apartment Style Garden
Building Class C
Lot Size 3.40 AC
Building Size 11,500 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1965/2017
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

US 1 Extended Stay is technically 23, 350 sq ft units that typically have a waiting list. The folks that stay here live here. This is really 23 apts with full size refrigerators and stoves, There is no where else around you can find this size units with a full size d refrig and stove that rents for 600-800/mnth. It is located across from the Shell truck stop and next door to Ace Hardware. We stay pretty much full. As fast as I can get rooms ready, they are taken. This property is a gold mine. I have a waiting list of guest wanting to stay here. All rooms are individually metered so that you don't get stuck with the power bill. Motel has been under renovation so some rooms are completed. Although, I have found out that even though they are not completely renovated, folks still want them. All rooms are over 350 sq ft with a full size refrigerator and stove with full bath. It comes with a 3 bedroom live in managers homes connected with the office.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 20 $575.00 350
2+2 3 $775.00 350 - 700
3+1 1 $950.00 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
F002-003
Land Assessment
$26,400
Improvements Assessment
$169,280
Total Assessment
$195,680
  • Listing ID: 9515369

  • Date on Market: 10/10/2017

  • Last Updated:

  • Address: 6017 Second St N, Folkston, GA 31537

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