210 Caribe Ct
Statesboro, GA 30458

Description

This is a 33 unit complex in the heart of all the new construction off Hwy 301 and Rucker Rd. They are well managed units it excellent condition. During the current owner's ownership they have made many upgrades inside and out and raised income almost 40% by raising rates and occupancy. The management in place has been solidified during the ownership and is a key part of the success. Each year has been better than the last. The property consists of 12 buildings, containing (20) 1bed studios, (2) 2bed 2bath units and (11) 3bed 3bath units (plus a leasing office). There is plenty of parking and no deferred maintenance to deal with. Great investment or 1031 exchange

Details

MLS#8392086
Sub-TypeResale
StatusActive
Year2006
Days On Site441

Features

SQ Feet22,740
Units1

Market Activity 30458

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Area Information

StateGA
CountyBulloch
CityStatesboro
Zip Code30458
AreaBULL
Listing VS Median (in 30458)
Price:
$2,500,000
low | high
Med:
$149,000
100% of Average
SqFt:
22,740
low | high
Med:
2,153
100% of Average
$ / SqFt:
$110
low | high
Med:
$71
85.350872908587% of Average
On Site:
441
low | high
Med:
77
100% of Average
Listing Updated: 08/19/2019
MLS Number: 8392086
Listing Provided By:
Bob Allen  of  Greater Athens Properties