0 Douglas Ave #58-63, Douglas, GA, 31533
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.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Materials
- Roof: Shingle,Metal
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Other
Features
- Other
Heating & Cooling
- Heating features: Central,Other
- Cooling features: Central Air,Electric,Other
Interior Area
- Total structure area: 55,408
- Total interior livable area: 55,408 sqft
Property
Details
- Parcel number: Multi
- Zoning: R, C
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Frontage type: None
Lot
- Lot size: 27.80 Acres
Parking
- Total spaces: 3
- Parking features: 3+ Cars,Other
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Drought
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $20,959 | $251,508 |
| Home Insurance * | $16,288 | $195,456 |
| Property Taxes | $2,072 | $24,864 |
| Electricity | $5,383 | $64,599 |
| Total | $44,702 | $536,424 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-04 | Listed for sale | $4,145,000 |
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