The Weeks Group is pleased to offer Country Club Apartments, a... |
Ad # 5259276 |
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$2,500,000 For Sale |
MLS # 10357096 |
103 Country Club Drive |
Americus, Georgia 31709 |
Sumter |
Golf Course: Southwestern Golf Links |
Type Commercial |
Beds 0 |
Baths 0.0 |
Sq Feet 34000 |
Year Built 1971 |
Acres 2.670 |
Lot Dimensions |
On Golf Course? |
Golf View? No |
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1-855-943-4183
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The Weeks Group is pleased to offer Country Club Apartments, a value-add 40-unit apartment complex located in the growing city of Americus, GA. This property features 40 one-bedroom, one-bathroom units and is currently 92% rented, with the remaining 8% under renovation for immediate lease-up. $235,000 Gross Annually! The property is professionally managed by Anderson Bailey Real Estate Company in Americus, GA. Situated on 2.67+/- Acres, the complex consists of three buildings: 1846 S Lee Street, a two-story building with 8 units; 103 Country Club Drive, a two-story building with 16 units; and 105 Country Club Drive, another two-story building with 16 units. The seller has recently secured a variance for the construction of an additional 24 units, making this a prime opportunity for investors to capitalize on a great multi-family value-add investment. Don't miss out on this promising property. Call Cameron Morris at for more information! Industry Outlook Manufacturing: Americus has a significant manufacturing sector, including companies involved in food processing, textiles, urethane foam plants and machinery. Healthcare: The healthcare industry is a major employer, with institutions like Phoebe Sumter Medical Center providing a range of medical services and contributing to the local economy. Education: Educational institutions such as Georgia Southwestern State University and South Georgia Technical College play a crucial role in the local economy by providing employment and contributing to the development of a skilled workforce. Agriculture: The region's agricultural sector is extremely important to the local economy such as row crop production, turf, dairy and livestock operations. Tourism and Hospitality: Americus benefits from its historical significance and downtown attractions like the Windsor Hotel and Habitat for Humanity's Global Village & Discovery Center, drawing visitors and supporting local businesses. Griffin Bell Golf Course and Conference Center remains a thriving support to the local community and is currently undergoing a comprehensive renovation. Retail and Services: The city has a thriving retail and service sector, catering to the needs of residents and visitors. This property is surrounded by national retailers and food providers. Important Selling Features: * 40 Units, Built in 1980 & 1971 * Unit Mix: (40) One Bedroom/One Bathroom Units * Three Total Buildings * 92% Occupied (37 Units) * Vacant Units Undergoing Complete Remodel (5 Units) * Average: 779+/- SF * Lot Size: 2.67 Acres * Density: 15 Units/AC * APN's: 71B 200G, 71B 103 * Professionally Managed * Ample Parking Available * Walk-Up Style Units * Brand New Roof (1846 S Lee Street) * Updated Landscaping Schools: * Sumter County Primary School * Sumter County Elementary School * Sumter County Middle School * Sumter County High School Utility Allocation: * Electricity (Georgia Power) - Paid by Tenant (Separate Meters) * Water (City of Americus) - Paid by Landlord (NOT Sub-Metered) * Trash (City of Americus) - Paid by Landlord * Sewer (City of Americus) - Paid by Landlord |
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Brick, Vinyl Siding |
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Parking Lot, Paved or Surfaced |
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Property Taxes: |
11,057 |
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Ad Number: |
5259276 |
Viewed: |
15 times |
Added on: |
Aug 21, 2024 |
Updated on: |
Oct 29, 2024 |
Listing Agent: Shellie Weeks, The Weeks Group, LLC, 229-891-7653, 229-891-7653
Listing Site, Listing Status: Active
Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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