Ad #7911430
MLS #CL357906
Discover an exceptional income-producing investment opportunity
108 Lata Terrace, Milledgeville, Georgia, 31061
$850,000
15Beds
7Baths
5,666Sqft
1.434Acres
About this property
Discover an exceptional income-producing investment opportunity at 108 Lata Terrace in Milledgeville, Georgia. This thoughtfully assembled residential portfolio includes seven rental units across five buildings, offering investors the ideal combination of immediate cash flow, operational stability, & future growth potential. The property consists of five dwellings situated on a single parcel. According to Baldwin County Tax Assessor records, the property is identified as 110 Lata Terrace, while the United States Postal Service recognizes the address as 108 Lata Terrace. This address distinction is administrative in nature & does not impact the operation of the rental portfolio. The improvements include two duplexes & three single-family homes. The duplexes each contain two 2-bedroom, 1-bathroom units, while the single-family residences include two 2-bedroom, 1-bathroom homes & one 3-bedroom, 1-bathroom home. This diverse unit mix appeals to a broad tenant base & helps support consistent occupancy. In 2025, the portfolio underwent a comprehensive renovation program designed to enhance both tenant satisfaction & long-term asset performance. Improvements included updated kitchens & bathrooms, new appliances, modern flooring, fresh interior finishes, & extensive exterior upgrades. As a result, investors can acquire a substantially improved asset with minimal deferred maintenance & strong competitive positioning within the local rental market. The portfolio is currently fully leased & generating reliable income from day one. A significant portion of the tenancy is secured through long-term lease agreements extending into 2027, providing predictable revenue & reducing near-term turnover risk. The remaining leases create opportunities for future rental adjustments, allowing a new owner to capture additional revenue as market conditions permit.
Property Features
15 Beds
7 Baths
5,666 Sqft
Built in 1960
1.434 Acres
1 Story
Lake Sinclair
Parking Lot, Off Street, Garage
Siding: Concrete, Vinyl Siding, Wood Siding
Metal Roof
Electric (Heating), Central, Wall Furnace, Zoned
Baldwin County
Additional Photos
Contact Information
Richard Grayson
Grayson Realty
706-540-4727
Location
LakeHouse.com
Printed Jul 28, 2026
Photo Gallery
$850,000
15
Beds
7
Baths
5,666
Sqft
108 Lata Terrace, Milledgeville, Georgia, 31061
By contacting this agent you agree to these Terms and Conditions.
MLS# CL357906
Discover an exceptional income-producing investment opportunity
$850,000
108 Lata Terrace, Milledgeville, Georgia, 31061
15
Beds
7
Baths
5,666
Sqft
1.434
Acres
$850,000
108 Lata Terrace, Milledgeville, Georgia, 31061
15 Beds
7 Baths
5,666 Sqft
1.434 Acres
Discover an exceptional income-producing investment opportunity at 108 Lata Terrace in Milledgeville, Georgia. This thoughtfully assembled residential portfolio includes seven rental units across five buildings, offering investors the ideal combination of immediate cash flow, operational stability, & future growth potential. The property consists of five dwellings situated on a single parcel. According to Baldwin County Tax Assessor records, the property is identified as 110 Lata Terrace, while the United States Postal Service recognizes the address as 108 Lata Terrace. This address distinction is administrative in nature & does not impact the operation of the rental portfolio. The improvements include two duplexes & three single-family homes. The duplexes each contain two 2-bedroom, 1-bathroom units, while the single-family residences include two 2-bedroom, 1-bathroom homes & one 3-bedroom, 1-bathroom home. This diverse unit mix appeals to a broad tenant base & helps support consistent occupancy. In 2025, the portfolio underwent a comprehensive renovation program designed to enhance both tenant satisfaction & long-term asset performance. Improvements included updated kitchens & bathrooms, new appliances, modern flooring, fresh interior finishes, & extensive exterior upgrades. As a result, investors can acquire a substantially improved asset with minimal deferred maintenance & strong competitive positioning within the local rental market. The portfolio is currently fully leased & generating reliable income from day one. A significant portion of the tenancy is secured through long-term lease agreements extending into 2027, providing predictable revenue & reducing near-term turnover risk. The remaining leases create opportunities for future rental adjustments, allowing a new owner to capture additional revenue as market conditions permit.
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Listing Agent
Richard Grayson
Grayson Realty
Listing Agent: Richard Grayson (License #: 60289) 706-540-4727. Broker: Grayson Realty 706-769-6659 Listing Site. Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property Details
HOME DETAILS
15 Beds
7 Baths
5,666 Sqft
Built in 1960
1.434 Acres
1 Story
WATER & VIEW
Lake Sinclair
EXTERIOR
Parking Lot, Off Street, Garage
Siding: Concrete, Vinyl Siding, Wood Siding
Metal Roof
INTERIOR
Electric (Heating), Central, Wall Furnace, Zoned
FINANCIAL & COMMUNITY
Baldwin County
See More Details
Location
Mortgage Calculator
About Lake Sinclair
Lake Sinclair is one of the most popular boating lakes in the state and hosts several fishing tournaments throughout the year. With over 400 miles of shoreline, Lake Sinclair offers quality waterfront lake homes for sale and building opportunities on lakefront lots, land, and acreage. Covering Baldwin, Putman, and Hancock County, Lake Sinclair has 15,330 acres of water surface and is 100 deep. Boat docks, swimming, and power boats are permitted. Find an agent here to help you buy or sell.
Boating
Swimming
Jet Skiing
Lake Depth : 100'
Water Level : 338.90 Ft
Full Pool : 340.00 Ft
Ad Statistics
Ad Number
7911430
Viewed
53 times
Listing Status
Active
Added
Jun 19, 2026
Last Refresh
Jul 27, 2026 10:37:19 PM
Listing Information
Data Source
Hive MLS
Source Property ID
CL357906
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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