Improved Mixed-Use Land for Sale in Americus, Georgia
103 Country Club Dr Americus, GA 31709
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
Directions
From Downtown Americus begin on East Lamar Street for 100 feet. Turn Right on South Lee Street (Georgia Highway 377) for 1.9 Miles. The property begins on your Left just past Griffin Bell Golf Course and Magnolia Manor. From Georgia Southwestern State University (GSW) head West on E Glessner Street for 0.5 Miles. Turn Left on Elm Avenue for 0.3 Miles. Turn Left on South Lee Street for 0.3 Miles. The property begins on your Left just past Griffin Bell Golf Course and Magnolia Manor.
Property details
- County
- Sumter County
- Elevation
- 381 feet
- MLS Number
- GAMLS 10357096
- Date Posted
Parcels
- 71B 103
Property taxes
- 2023
- $11,057
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Materials
- Brick, Vinyl Siding
Exterior
- Parking
- Parking Lot, Paved or Surfaced
- Features
- City Lot
Interior
- Floors
- Carpet, Laminate
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 29, 2024 | New listing | $2,500,000 | — | GAMLS |
Sept 14, 2024 | Listing removed | $2,500,000 | — | — |
Aug 26, 2024 | New listing | $2,500,000 | — | GAMLS |