PRICE : | $8,400,000 |
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CAP RATE: | 6.5% |
PROPERTY TYPE: | Multifamily |
UNITS: | 120 |
Opportunity to acquire fully occupied apartment communities - 36, 36 and 48 units - totaling 120 units in a location in Cordele, GA within an mile of each other.
Offered at a 6.5% cap rate based upon in-place rents. Cordele, located at the nexus of the nation's busiest Interstate - I-75 and 4 major rail lines, with a direct connection to the U.S.'s fastest growing seaport and second busiest on the East Coast - Savannah, is uniquely situated for economic stability and growth.
Visits to the property need to be arranged with Bull Realty by appointment. Do not disturb or discuss with tenants or staff.