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229 N Oakley Dr 29 Unit Apartment Building $1,700,000 ($58,621/Unit) 5.79% Cap Rate Columbus, GA 31906
Investment Highlights
- Convenient & Established location: Woodcliff Apartments is located off the exit 3 on Interstate - 185.
- Value Add Oppotunity: interior updates, including kitchen, bathroom, floor.
Executive Summary
Value Add multi-family
Property Facts
| Price | $1,700,000 | Property Subtype | Apartment |
| Price Per Unit | $58,621 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.79% | Building Size | 23,744 SF |
| No. Units | 29 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1972 |
| Price | $1,700,000 |
| Price Per Unit | $58,621 |
| Sale Type | Investment |
| Cap Rate | 5.79% |
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 23,744 SF |
| No. Stories | 1 |
| Year Built | 1972 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 17 | - | - |
1 1
Property Taxes
| Parcel Number | 088-051-014 | Improvements Assessment | $565,044 |
| Land Assessment | $34,956 | Total Assessment | $600,000 |
Property Taxes
Parcel Number
088-051-014
Land Assessment
$34,956
Improvements Assessment
$565,044
Total Assessment
$600,000
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229 N Oakley Dr
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