Listed by Century 21 Lindsey & Pauley
$280,000
12 Sammy Mcghee Boulevard Unit 203
Details
Property Type Multifamily, Office
Sub Type Apartment Building, Medical Office
Square Footage 1,350
Year Built 2005
Buildings 2
Acreage 0.120
Zoning C3
Parking Spaces 30 spaces
Parking per 1,000 SqFt 22.22
Multifamily
Marketing description
Prime income-producing investment! 100% leased with a new two-year lease signed in January 2026 and an option to renew. This property offers a solid 5.5% cap rate, making it an attractive opportunity for investors seeking reliable returns. Current rent is $1400 per month and will increase by 4% the second year. This well-maintained professional office suite (Unit 203) offering approximately 1,350 sq. ft. of functional workspace. Recently updated with new paint and flooring, this second-level unit features 4 private offices, a welcoming lobby/reception area, storage room with data connections, and 2 ADA-compliant restrooms. Conveniently accessed via elevator, the space provides excellent visibility and high traffic exposure on State Highway 53, making it ideal for medical, dental, or professional office use. Property highlights include ample parking, strong curb appeal, and excellent overall condition.
Listing Contacts
Listed by Century 21 Lindsey & Pauley
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