Introducing a compelling multifamily investment opportunity in Fitzgerald, Georgia—a stable, high-demand rental market with limited competition.
Located at 111 First Street, this 16-unit property offers immediate cash flow, strong occupancy, and low-maintenance operations. With a mix of one- and two-bedroom units, city utilities, and solid in-place income, it’s well-positioned for both local and out-of-state investors looking to scale.
Property Highlights:
• Asking Price: $850,000
• Occupancy: 90%
• Unit Mix: One- and Two-Bedroom Units
• Total Units: 16
• Year Built: 1950
• Building Size: Approximately 8,500 SF
• Utilities: City water and sewer
Key Investment Features:
• Reliable rental income with long-term tenants
• Light value-add opportunity through cosmetic upgrades
• No on-site management needed
• Quiet residential setting with access to schools, retail, and employment centers
• Located in a historically strong rental market with long-term growth potential
Location Overview:
Fitzgerald offers a blend of small-town charm and economic stability, making it an ideal market for buy-and-hold investors. With affordable housing demand and low inventory, this property provides both immediate returns and long-term upside.