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About This Home
This 0-bedroom, 0-bathroom residential multi family at 700 SW 1st Street in Moultrie, GA is listed for $2,195,000 ($92 per sqft). the home offers 23,916 sqft of living space on a 1.75 acres lot.
22-unit turnkey multifamily investment opportunity in Moultrie with 100% occupancy and strong cash flow. Six buildings across three contiguous parcels totaling approximately 23,916 SF. Unit mix includes fourteen 2BR/1BA units, four 3BR/2BA units, three 1BR/1BA units, and one studio unit, providing diversification across multiple tenant demographics and maximizing leasing demand.
Current rents total $19,865/month with ability to bump to market rates of $22,530/mo. All units have been updated with LVP flooring, fresh paint, central HVAC, and upgraded fixtures/appliances while maintaining historic character and oversized floorplans.
The property offers a unique, controlled residential setting on a quiet dead-end public street with no through traffic. Individually metered units with tenants direct billed by utility providers. Moultrie and Colquitt County continue to benefit from positive economic growth, expanding employers, and increased regional investment that support a strong multifamily rental market.
Offered at $2,195,000 with projected cap rates of 7.06% current and 8.01% pro forma - rent roll, financials, and full offering memorandum available to qualified prospects.
Key Features
- 1.75 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$11,739/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
700 SW 1st Street
Moultrie, GA 31768
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 700 SW 1st Street is listed at $2,195,000 ($92/sqft). The estimated monthly payment is $9,512 based on 20% down at 6.5% interest.
Key features include: 1.75 acre lot, 2 stories. Interior Features: Ceiling Fan(s).
This property is listed by John Courson and can be reached at 2292514632 or jtcourson@gmail.com.


