Center Town Apartments

For Sale

700 SW 1st Street, Moultrie, GA 31768

This Moultrie property for sale is located at 700 SW 1st Street. The current listed sale price for Center Town Apartments is $2,195,000. Center Town Apartments is situated on a lot that is 1.75 acre in size.

Contacts

John Courson

Premier Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 23,916 SF
  • Units 22
  • Lot Size 1.75 Acre
  • Date Updated May 15, 2026
Prime 22-unit multifamily campus on SW 1st Street just south of downtown Moultrie, situated on a quiet dead-end near the intersection with 7th Ave SW and backed by stable regional growth.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.
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Location

  • City Moultrie, GA
  • Zip Code 31768

Points of Interest

  • Sunoco

    0.73 miles

  • Enmark

    0.78 miles

  • Liberty

    0.83 miles

  • Shell

    1.46 miles

  • Raceway

    1.56 miles

  • Packers Food Mart

    1.56 miles

  • Pure

    1.63 miles

  • Fastrack

    2.37 miles

  • One Stop

    3.61 miles

  • Town Terrace Motel

    0.89 miles

  • Holiday Inn Express & Suites Moultrie

    1.41 miles

  • Hampton

    1.42 miles

  • Quality Inn

    1.63 miles

  • Market on the Square

    0.43 miles

  • Piggly Wiggly

    0.91 miles

  • Publix

    1.66 miles

  • Oxleys

    1.83 miles

  • Stripling's General Store

    2.03 miles

  • Walmart Supercenter

    2.06 miles

Contact Listing Broker
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