This Multifamily Property is no longer advertised on LoopNet.com.
Portfolio For Sale
Columbus, GA
Multifamily Property For Sale
·
48 Units

INVESTMENT HIGHLIGHTS
- Columbus, GA, is the second largest city in the state of Georgia by population.
- Significant value-add opportunity to renovate the remaining 74 "classic units” and raise rents to be at or above market rate.
- Effective economies of scale as all five properties are located within close proximity of each other.
- Average in-place rents are $830/month with an opportunity to increase to $995/month.
- 13 of the 24 roofs were replaced in 2021 with metal roofs and one shingle roof.
- There is significant rental growth as rents have increased by 3.5% over the past 12 months in Columbus, GA.
PROPERTY FACTS
No. Units | 48 |
Property Type | Multifamily |
Apartment Style | Garden |
No. Stories | 2 |
Parking Ratio | 2.05/1,000 SF |
APN / Parcel ID | 083-045-002 |
Zoning | C5 |
LINKS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Storage Space
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Online Services
Listing ID: 34251928
Date on Market: 12/20/2024
Last Updated:
Address: Columbus, GA
The East Columbus Multifamily Property at Columbus, GA is no longer being advertised on LoopNet.com. Contact the broker for information on availability.