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Investment Highlights

  • Stabilized government backed leases
  • Seller Financing potential

Executive Summary

The Courlley Portfolio | 141 Units | South Georgia Affordable Housing Portfolio
Marketing description
The Courlley Portfolio presents a rare opportunity to acquire 141 units of stabilized affordable housing across three South Georgia markets for $9,995,000, equating to approximately $70,887 per unit. Comprised of Courlley Court in Adel (36 units), Courlley Court II in Valdosta (40 units), and Courlley 303 in Albany (65 units), the portfolio offers immediate scale, geographic diversification, and reliable cash flow supported by Housing Choice Voucher (HCV) and state-funded rental assistance programs.
Currently operating at approximately 94% occupancy, the portfolio generates $102,052 in monthly rental income with projected market rents of approximately $110,276 per month, providing investors with both stable in-place income and meaningful revenue growth potential. A substantial portion of rental income is derived from government-backed payment sources, helping reduce collection risk and income volatility compared to conventional multifamily investments.
Ownership has invested significantly in renovations, modernization, and capital improvements throughout the portfolio, creating a collection of well-maintained assets positioned for long-term performance with limited near-term capital requirements. The portfolio benefits from operational efficiencies associated with regional scale while maintaining diversification across three established South Georgia markets.
The region's economic base is supported by healthcare, education, manufacturing, logistics, agriculture, and government employment, driving consistent demand for quality affordable housing. The Courlley Portfolio is ideally suited for affordable housing operators, family offices, private investors, 1031 exchange buyers, and institutional groups seeking a stabilized platform with proven operations and durable cash flow characteristics.
To further facilitate a transaction, ownership may consider providing up to $1,000,000 in seller financing for qualified buyers, subject to creditworthiness, structure, and mutually agreeable terms. This flexibility may provide a significant advantage in today's financing environment and enhance overall investment returns.
Opportunities to acquire a portfolio of this size and quality are increasingly limited, particularly where a significant portion of rental income is supported by Housing Choice Voucher and state-funded rental assistance programs. The combination of scale, occupancy, government-backed revenue, recent capital improvements, seller financing availability, and market rent upside creates a compelling risk-adjusted investment opportunity.
Principal member of selling entity is a licensed real estate broker in Georgia.

Data Room Click Here to Access

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $9,995,000
Price / SF $208.91 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 8%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 47,844 SF
Total Land Area 2.46 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
303 E Oglethorpe Blvd, Albany, GA 31705 Multifamily 26,740 SF 2026 -
Courlley Court II
218 W Hill Ave, Valdosta, GA 31601
Multifamily 21,104 SF 2022 -
Show More > < Show Less
  • Listing ID: 40810619

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: Courlley Multi-Family Portfolio, Valdosta, GA

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