Net-Leased Multifamily Portfolio 5 Multifamily Properties Offered at $1,410,000 in Milledgeville, GA

This offering consists of five townhome units constructed in 2022 and subject to 30-year, triple-net leases with approximately 29 years remaining, executed with Appreciation Homes Leasing, LLC (“Appreciation Homes”), a nationally scaled single-family rental platform. The leases feature a contractual 1% annual rent increase and a passive, hands-off ownership structure, with the tenant responsible for taxes, insurance, maintenance, repairs, and management. Each townhome is separately deeded and may be sold individually, allowing investors to acquire one or multiple units, or the entire portfolio, providing flexibility for 1031 exchange buyers and long-term investors seeking stable, predictable cash flow. Additionally, since each townhome is separately deeded debt is fully customizable.
The property is located in Milledgeville, Georgia, a stable and growing market supported by Georgia College & State University and a diversified employment base that includes education, healthcare, and government sectors. The area benefits from consistent rental demand, limited new townhome supply, and favorable long-term housing fundamentals. The townhomes are situated within a newer residential community with convenient access to downtown Milledgeville, Lake Sinclair, retail corridors, and major commuter routes, supporting durable tenant demand and occupancy stability.
Appreciation Homes operates as a full-service tenant, managing leasing, maintenance, repairs, and day-to-day operations while delivering reliable income to ownership. The combination of 2022 construction, long lease term with approximately 29 years remaining, built-in annual rent increases, credit tenancy, and institutional management positions the asset as an attractive alternative to traditional multifamily or fixed-income investments, offering downside protection, minimal management burden, and long-term appreciation potential.