USAGADouglas63-0 Douglas- 63 Door Portfolio
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63-0 Douglas- 63 Door Portfolio, Douglas, GA

House

For Sale

Listed price in listed location currency (USD).
$4,145,000

003

MLS® 153914

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 61338 sqft
Garage 
Taxes $11,881
Days Active 2
Lot Size 
Approx. Age 
Avg. Price Per Sqft $67
MLS® Number 153914

Property Address: 63-0 Douglas- 63 Door Portfolio, Douglas, GA, 31533

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number153914
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway3+ Cars, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$4,145,000List Price
  • Commute

Commute

Starting Address
Destination Address
0 Douglas- 63 Door Portfolio, Douglas, GA

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