$2,500,000
Active Under Contract
31 Days Online
0 Beds0 Baths34,000 SQFT
Active Under Contract

103 Country Club Drive Americus, GA 31709

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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 (229) 881-7643 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

  • Property TypeCommercial
  • NeighborhoodCountry Club Apartments
  • CountySumter
  • Taxes$11,057
  • HOA/Condo/Coop Fees$0
  • Days on Site31 Days
  • MLS StatusActive Under Contract
  • MLS ID Number10357096
  • Home Size Source Other
  • Year Built1971
  • Lot Size2.67 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickVinyl Siding
  • Parking Parking LotPaved
  • Sewer Other
  • Acreage 2.67
  • Water Other
  • Zoning C3-Commercial
  • Utilities Cable AvailableElectricity AvailableSewer AvailableWater Available

Interior Features

  • Cooling Electric
  • Heating Electric
  • Flooring CarpetLaminate

Exterior Features

  • Roof Other
  • Lot City Lot

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Monthly Payment (Est.)

$12,107
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