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Executive Summary

Rare opportunity to acquire a fully stabilized, 18-unit residential portfolio in Thomaston, Georgia — offered as a complete package at a 7.5 CAP rate.
The Numbers:
10 structures | 19 rentable doors
$281,000 gross annual rents
$218,000 NOI
100% occupancy — zero vacancy over the trailing 12 months
Mix: 5 SFH + 4 duplexes + 1 six-unit apartment
What makes this different:
Every property was acquired and fully renovated in the last 18 months. Systems are built. Tenants are stable. Management runs remotely via RentRedi. A vetted local vendor network (handymen, plumbers, electricians) is included in the transition.
Unique buyer advantages:
Existing local bank relationship with portfolio financing already in place — warm introduction available to qualified buyers
1,500-follower Facebook brand with direct reach to ~30% of the local adult rental market — tenant leads arrive daily without advertising spend (available to be acquired in the deal for the right price.)
60-day seller-supported transition and training included
Properties are located within a 5-minute radius of each other. This is a true turnkey portfolio for a passive investor, 1031 exchange buyer, or operator looking to deploy capital into a high-yield, low-headache asset.
Local banking relationship established and can be warm hand off if financing is needed. This local bank only loans in this county and they love these properties and already have loans on them or you could do a portfolio loan for all of them at once. Very unique advantage.
Selling these without an agent but if you are an agent and bring someone, we are open to significant deal fees. We are selling these properties because our daughter is moving out of state and we will be following her and want to liquidate. We have no burden in holding the properties and will wait for the right buyer who wants this cash machine.
Seller financing and creative structures considered for the right buyer.
Qualified inquiries only.
Full Offering Memorandum available upon request.

Property Facts

Price $3,964,126 CAD
Price / SF $2,581 CAD / SF
Cap Rate 7.50%
Sale Type Investment
Status Active
Number of Properties 9
Individually For Sale 0
Total Building Size 1,536 SF
Total Land Area 1.00 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
615 West Main St, Thomaston, GA 30286 Health Care 1,536 SF 1947 -
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  • Listing ID: 40301667

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 18-Door Cash-Flowing Portfolio | 7.5 CAP, Thomaston, GA

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