Coakley and Slade Avenue

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Coakley and Slade Avenue

Albany, GA 317
Asking Price
$90K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel totaling PB Tracts A and B
  • Located at the corner of Coakley and Slade Avenue
  • Available for purchase at an asking price of $90,000
  • Situated within the Albany metropolitan market area
  • Suitable for new residential housing development projects

What's Special

This residential land opportunity consists of PB Tracts A and B situated at the intersection of Coakley and Slade Avenue in Albany, Georgia. With a total asking price of $90,000, this parcel provides a clear pathway for developers or individuals looking to build new housing in a established regional hub. Albany serves as a primary economic center for Southwest Georgia, providing a steady demographic base and access to essential regional services. Prospective buyers can evaluate the site for single-family residential development projects. The location offers proximity to local thoroughfares, facilitating connectivity throughout the city. As Albany continues to serve as a focal point for healthcare, education, and manufacturing in the surrounding area, this land represents a practical investment for those seeking to expand residential inventory in a consistent market environment.

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NOI
$80,000
Cap Rate
88.89%
DSCR
14.97
Strong
Cash-on-Cash
276.51%
Monthly Payment
$445.271
Annual Cash Flow
$74,656.749

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