Multifamily
400 S Center St
400 S Center St, Thomaston, GA 30286
Listing Price: $1,100,000
Number of Units
10
GRM
1,100,000.00
Price/Unit
$110,000
Price/Gross SF
$96.68
Gross SF
11,378
Investment Overview
Marcus & Millichap is pleased to present for sale 10-unit multifamily property 400 South Center Street in Thomaston, Georgia.
400 S Center St
Investment Highlights
- Well-Located 10-Unit Multifamily: Offered at $1,100,000 ($110,000/unit)
- Turnkey, Stabilized Property: New roof and renovated interiors; limited near-term capital needs
- Prime Walkable Location: Two blocks from Downtown Thomaston, close to retail, dining, and employment
- Stabilized Operations: Pending 100% occupancy by 2/1/2026. Consistent rental income from day one
- Economic Upside: Rent increases available upon lease renewals
- Strong Unit Mix: Eight 2-bed/2-bath and two 2-bed/1.5-bath units
- Low-Maintenance Profile: Modernized systems and finishes for predictable ownership
- Individually Metered Units: Tenant paid water and electricity bills reduces owner expenses
Exclusively Listed By
Listing Price: $1,100,000
Number of Units
10
GRM
1,100,000.00
Price/Unit
$110,000
Price/Gross SF
$96.68
Gross SF
11,378
Investment Highlights
- Well-Located 10-Unit Multifamily: Offered at $1,100,000 ($110,000/unit)
- Turnkey, Stabilized Property: New roof and renovated interiors; limited near-term capital needs
- Prime Walkable Location: Two blocks from Downtown Thomaston, close to retail, dining, and employment
- Stabilized Operations: Pending 100% occupancy by 2/1/2026. Consistent rental income from day one
- Economic Upside: Rent increases available upon lease renewals
- Strong Unit Mix: Eight 2-bed/2-bath and two 2-bed/1.5-bath units
- Low-Maintenance Profile: Modernized systems and finishes for predictable ownership
- Individually Metered Units: Tenant paid water and electricity bills reduces owner expenses
Investment Overview
Marcus & Millichap is pleased to present for sale 10-unit multifamily property 400 South Center Street in Thomaston, Georgia.
Exclusively Listed By
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