Map of Property

Thomaston Multiplex Portfolio

For Sale

711 West Main St, 720 W Main St, & 354 South Main St , Thomaston, GA 30286

This Thomaston property for sale is located at 711 West Main St, 720 W Main St, & 354 South Main St . The general use of Thomaston Multiplex Portfolio is multi-family and it incorporates 2,800 square feet of class B multi-family space. The current listed sale price for Thomaston Multiplex Portfolio is $1,300,000.

Contacts

broker

James Potts, CCIM

RE/MAX Southern

(770) 227-5555

Property Details

  • Property Type Multi-Family
  • Property Size 2,800 SF
  • Units 31
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Date Updated Mar 7, 2024
The charming town of Thomaston, GA, offers a desirable setting for potential Multifamily/Single Family Rental Portfolio investors. With its historic downtown area and scenic parks like Thomaston-Upson County Airport, outdoor recreation and leisure opportunities abound. Residents can also enjoy locally-owned shops, delicious dining options, and community events. Plus, the area is within close proximity to notable attractions like Sprewell Bluff State Park, providing a perfect balance of small-town charm and natural beauty.711 W Main St has 7 separate units that are 100% occupied. This includes the main home with shared Kitchen, Laundry, and bathrooms and unfinished basement. This property has an NOI $32,580 per year. 720 W Main St at West End Rooms has 10 separate units this includes the main home that has 9 units/rooms with a shared kitchen, bathrooms and laundry. Along with additional unit that is a separate apartment with kitchenette and bathroom. This property offers an NOI of $46,440 per year. 354 South Main St has 12 separate units 100% occupied including the main home with shared Kitchen, Laundry and all 4 Bathrooms that have been remolded. This property offers a NOI of $50,100 per year. Leases, Leaders, and Inventory list will be provided during Due diligence.

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Highlights

  • 3 Homes with a combined 31 Units
  • 711 W main St - 7 Units with NOI $32,580 per year.
  • 720 W main St -10 units with NOI of $46,440 per year
  • 354 South Main - 12 units with NOI of $50,100 per year.
  • New Roofs, New HVAC on 720 W Main St & 554 South Main st

Getting around

  • 27/100

    Walk Score ®

  • 22/100

    Bike Score ®

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Location

  • City Thomaston, GA
  • Zip Code 30286

Points of Interest

  • Sunoco

    0.71 miles

  • BP

    0.76 miles

  • Murphy USA

    1.43 miles

  • Shell

    2.23 miles

  • RaceWay

    2.32 miles

  • Circle K

    2.97 miles

  • Chevron

    3.56 miles

  • Marathon

    9.67 miles

  • Quality Inn

    1.91 miles

  • Econo Lodge

    2.48 miles

  • Days Inn

    2.52 miles

  • Piggly Wiggly

    0.51 miles

  • Ingles

    0.96 miles

  • Walmart Supercenter

    1.39 miles

  • Belk

    2.15 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

James Potts, CCIM

RE/MAX Southern

(770) 227-5555