0 Douglas- 63 Door Portfolio #63, Douglas, GA 31533
Local realty services provided by:CENTURY 21 Realty Advisors GA
Listed by: caleb ross
Office: canopy realty group
MLS#:153914
Source:GA_VBR
Price summary
- Price:$4,145,000
- Price per sq. ft.:$67.58
About this home
Rare opportunity to acquire a 63-unit workforce housing portfolio located throughout Coffee County, Douglas Georgia with current annual rents at $442,236. The portfolio consists of 22 park-owned homes, 13 tenant-owned home lots, 9 single-family rentals, 4 duplexes, 1 triplex, and 2 quadplexes. 7 of the park-owned homes are located within a mobile home park along with 13 lot rents, with the remaining homes strategically dispersed throughout Douglas, providing diversification across multiple asset types and locations. The portfolio is currently 95.24% occupied and features tenant-paid utilities, individually metered electric service, 22 homes served by city water, 16 properties connected to city sewer, and private well/septic infrastructure throughout the remainder of the portfolio. Ownership has completed significant capital improvements, including 28 recently installed metal roofs. Current operations produce an approximate 8.0% cap rate at the asking price, with a projected 9.35% pro forma cap rate based on market rent levels. Current market rents are estimated at $46,125 per month, providing substantial upside through future rent growth while maintaining affordability within a strong workforce housing market. Additionally, 42 tenants are currently on month-to-month leases, creating an immediate opportunity for a new owner to implement rent adjustments and operational efficiencies, while the remaining tenants are secured under one-year lease agreements. This offering presents a unique opportunity to acquire scale, immediate cash flow, and long-term value-add potential in a market with limited affordable housing inventory. Detailed financials, rent roll, and property information available for qualified buyer....
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Home facts
- Listing ID #:153914
- Added:3 day(s) ago
- Updated:June 08, 2026 at 02:58 PM
Rooms and interior
- Living area:61,338 sq. ft.
Structure and exterior
- Roof:Metal, Shingle
- Building area:61,338 sq. ft.
- Lot area:27.8 Acres
- Levels:1 Story
Utilities
- Water:Public, Well
- Sewer:Public Sewer, Septic Tank
Finances and disclosures
- Price:$4,145,000
- Price per sq. ft.:$67.58
- Tax amount:$11,880 (2025)
Parking
- Parking description:3+ Cars
- Garage spaces:3
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