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Listed by Courtney Smiley • Coldwell Banker Southern Coast
$550,000
Est. payment /mo
1,461 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,461 sqft
Price per Sqft $376
Subdivision No Recorded Subdivision
MLS Listing ID 1658210
HOA Y/N No
Year Built 1968
Annual Tax Amount $2,534
Tax Year 2024
Lot Size 1.250 Acres
Acres 1.25
Property Sub-Type Commercial
Property Description
Rare investment opportunity—five income-producing properties situated on 2 acres in Hinesville, just seconds from Fort Stewart Gate 2. This portfolio includes one single-family residence and four duplex buildings, all fully occupied with strong rental history and a stable NOI. One acre includes a fully approved set of development plans for a 30-unit apartment community, offering investors immediate cash flow today and a shovel-ready expansion opportunity for tomorrow. The main home, located at 829 Olmstead Drive, is a 1,461 sq ft single-family residence featuring a new HVAC system and a chain-link fenced yard. The remaining buildings are duplexes, each equipped with window units for cooling and wall furnaces for heating, providing simple, low-maintenance mechanical systems ideal for long-term rental operations. This portfolio is exceptionally well positioned—minutes from major retailers, grocery stores, medical services, restaurants, schools, and Liberty County's largest employment centers. Proximity to Fort Stewart Gate 2 ensures consistent demand for rental housing in all economic cycles, making this one of the most reliable rental markets in Southeast Georgia. Combining strong income performance, 100% occupancy, future development potential, and a location supported by year-round economic stability, this offering is ideal for investors seeking a high-demand market with built-in scalability. Sold as one combined portfolio only. Seller is a licensed Broker in the State of Georgia and is married to the co-Seller.
Location
State GA
County Liberty
Area Li: Liberty County
Direction 829 Olmstead drive Hinesville GA 31313
Interior
Heating Electric
Cooling Central Air, Electric
Fireplace No
Building
Lot Description Item1to5Acres
Foundation Brick/Mortar
Others
Tax ID 055B-001
Virtual Tour https://www.propertypanorama.com/instaview/golden_isles/1658210
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Valerie Burnett
Broker Associate | License ID: 364875
Broker Associate License ID: 364875