34 SW Pine ST Save Request In-Person Tour Request Virtual Tour
Ludowici,GA 31316
Key Details
Property Type Multi-Family
Sub Type Multi Family,Quadruplex
Listing Status New
Purchase Type For Sale
Subdivision Pine Street
MLS Listing ID 10621676
Year Built 2022
Annual Tax Amount $150
Tax Year 2024
Lot Size 0.280 Acres
Property Sub-Type Multi Family,Quadruplex
Property Description
Turnkey 4-Plex - 9% Cap Rate - New Construction (2023) Investor special! Don't miss this rare opportunity to own a brand-new 4-plex in the growing Ludowici rental market. Built in 2022, this property is fully leased and delivering strong returns from day one. 3 of the units offers 2 bedrooms and 1 bathroom while the 4th unit is equipped with handicap acccessible features throughout. All with modern finishes, appealing to long-term tenants and has been easy to manage. Located within 15 minutes drive of Fort Stewart Military Base. Between Hinesville and Jesup for convenience to grocery options, healthcare, schools, shopping, dining, entertainment, and recreational facilities. Financials: * Gross Monthly Rent: $5,520 * Annual Gross Rent: $66,240 * Annual Expenses: ~$5,700 (taxes, insurance, lawn care) * Tenant-Paid Utilities = low overhead * Net Operating Income (NOI): ~$60,540 * Cap Rate @ $675K: ~9%. This stabilized, cash-flowing property provides investors with immediate income and long- term upside. With all major systems brand-new, you'll enjoy low maintenance costs for years to come. Perfect for local and out-of-state investors seeking high yield + stability. Opportunities like this - a new build, strong cash flow multifamily under $700K - rarely come to market in Georgia. Call today for financials and details!
Location
State GA
County Long
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Exterior
Parking Features Attached,Parking Pad
Community Features None
Utilities Available Electricity Individual Meters,Sewer Connected,Water Individual Meters
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Smiley
Middle Schools Long County
High Schools Long County
Others
Special Listing Condition Resale