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Investment Highlights
- Separately metered units, allowing tenants to pay utilities directly and helping reduce owner operating expense
- Highly accessible location just minutes from Downtown Moultrie, offering quick access to shopping, dining, employment centers, and everyday services
- Convenient off-street parking, enhancing tenant appeal and day-to-day functionality
Executive Summary
Value add opportunity in the growing Moultrie market! 713 5th Avenue SE is a well-constructed brick quadplex offering four generously sized 2BR/1BA units (approximately 1,050 SF each). The property has a proven rental history with prior rents at $900 per unit, while current market data suggests upside potential nearing ±$1,200 per unit. Each unit is separately metered with utilities billed directly to tenants, helping minimize owner expenses. The property also features convenient off-street parking and a highly accessible location just minutes from Downtown Moultrie, providing easy access to shopping, dining, employment centers, and everyday amenities. This asset is well-suited for investors targeting properties to improve and add value to with their own style and brand in order to capture future rent growth, as well as owner-occupants looking to offset living expenses by leasing the remaining units. The property may be acquired individually or as part of a portfolio opportunity alongside two additional quadplexes offered by the same seller. See MLS # for 515 5th Avenue, & MLS # for 521 5th Avenue). With continued growth throughout Colquitt County and its strategic proximity to major regional corridors, Moultrie remains an attractive destination for both renters and investors seeking long-term stability and value.
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Property Facts
| Price | $477,062 CAD | Building Class | C |
| Price Per Unit | $119,266 CAD | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 4,360 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Parking Ratio | 1.41/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | MF - Multifamily | ||
| Price | $477,062 CAD |
| Price Per Unit | $119,266 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 4,360 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 1.41/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF - Multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,050 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | M035-123 | Improvements Assessment | $94,620 CAD |
| Land Assessment | $8,267 CAD | Total Assessment | $102,887 CAD |
Property Taxes
Parcel Number
M035-123
Land Assessment
$8,267 CAD
Improvements Assessment
$94,620 CAD
Total Assessment
$102,887 CAD
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713 5th Ave SE
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