18 Olliff St, Statesboro, GA 30458

3 Multifamily Properties Offered at $525,000 in Statesboro, GA

Asking Price $525,000

Property Type
Multifamily
Square Feet
7,775 SF

Listing Contacts

Jenny Rutherford

Property Overview

Excellent Investment 8 Unit Portfolio located in Statesboro, GA! 8 CAP. Convenient location close to Downtown Statesboro, this Listing Price includes a total of 8 Units at the following 3 Properties which must be purchased together as one sale: 18 E Olliff St (Quadplex 1BR/1BA Each Unit) / 211 Oak St (Duplex 1BR/1BA Each Side) / 107 & 109 Railroad St (Duplex 2BR/1BA Each Side). $4,380/mo Total Current Revenue on these Month to Month Rentals that are aggressively priced at $65,625/Unit! Also INCLUDES Extra Buildable Land to develop for Additional Income! These Units with Upsell Potential have a Current Gross Income of $52,560 as Value-Added Properties. Ready to Renovate & Increase Rents. About an hour inland from Savannah, Statesboro is a charming city steeped in history & culture. With Georgia Southern University occupying the south side, the college town atmosphere extends well beyond campus w/20,000 students influencing the cultural landscape. Statesboro's Downtown district features countless examples of beautifully preserved architecture, Historic Storefronts, Housing, Shops & Restaurants.

All showings must have POF or prequalification up to purchase price. These are 2 PINS (PIN: S27 000061 000 has 2 units and PIN: S27 000042 000 has 6 units) - 24 hour notice to show inside. All units are metered separately except for 211 Oak Street. They are on one meter for water/trash, but are separately metered for electric. Additional land on both parcels that give room for additional units to be built. It's not parceled off or an additional property record, but has space on each property.

Highlights

  • All tenant filled with great rental history.
  • Extra buildable land at the Railroad and Oak/Oliff location.
  • Financials available upon request.

All available spaces

Space
Size
2,400 SF
Space Subtype
Multifamily
Space
Size
1,560 SF
Space Subtype
Multifamily
Space
Size
3,815 SF
Space Subtype
Multifamily

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