0 Douglas- 58 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.:$74.81
About this home
Rare opportunity to acquire a 58-unit workforce housing portfolio strategically located throughout Coffee County, including Douglas and Broxton, Georgia. The portfolio currently generates approximately $33,853 in monthly rental income (approximately $406,236 annually) and consists of 22 park-owned homes, 13 tenant-owned home lots, 4 single-family rentals, 4 duplexes, 1 triplex, and 2 quadplexes. Seven of the park-owned homes are located within a mobile home park alongside the 13 tenant-owned lot rentals, while the remaining assets are strategically dispersed throughout the market, providing diversification across multiple property types and locations. The portfolio is 96.6% occupied, with only two vacant units offering immediate lease-up opportunities. Many properties feature tenant-paid utilities and individually metered electric service, helping minimize operating expenses. The portfolio includes 22 homes served by city water, 16 properties connected to city sewer, with the remaining assets utilizing private well and septic systems. Ownership has invested heavily in the portfolio through extensive capital improvements, including 23 recently installed metal roofs, along with renovations across numerous units, resulting in minimal deferred maintenance throughout much of the portfolio. Current operations provide strong in-place cash flow with significant additional upside. Estimated market rents total approximately $46,125 per month, creating a clear path to increased revenue through lease-up of the vacant units and the gradual repositioning of below-market rents. Additionally, 42 tenants are currently on month-to-month leases, allowing a new owner to implement rent adjustments and operational improvements quickly, while the remaining tenants are secured under annual lease agreements. This offering presents a rare opportunity to acquire institutional-scale workforce housing in one of South Georgia's strongest affordable housing markets with immediate cash flow....
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Home facts
- Listing ID #:153914
- Added:54 day(s) ago
- Updated:July 29, 2026 at 04:24 PM
Rooms and interior
- Living area:55,408 sq. ft.
Structure and exterior
- Roof:Metal, Shingle
- Building area:55,408 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.:$74.81
- Tax amount:$9,747 (2025)
Parking
- Parking description:3+ Cars
- Garage spaces:3
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