1035 Fisk Ave - Specialty FOR SALE


Columbus, GA 31906- Midtown Columbus
$4,661,500 USD
434-962-1578
1035 Fisk Ave, Columbus, GA for Sale
$4,661,500 USD
Specialty - FOR SALE
1/21
null | Request Cap Rate

1035 Fisk Ave
Columbus, GA 31906
Midtown Columbus


OVERVIEW

NAI G2 Commercial Real Estate is pleased to present the Columbus Rental Portfolio consisting of 72 residential units located throughout the Columbus, Georgia market. Offered at approximately $64,000 per unit, the portfolio provides a basis meaningfully below replacement cost, supporting capital preservation and long-term value durability. The portfolio features a diversified mix of single-family homes, duplexes, triplexes, and small multifamily properties, providing investors with scaled exposure across multiple asset types within a single acquisition. The assets are currently 97% occupied and professionally managed, delivering immediate, in place cash flow. A portion of the portfolio is leased to Housing Choice Voucher tenants, providing a government supported revenue component that enhances cash flow predictability and mitigates cyclical volatility. The balance of units operate at market rents, allowing for measured rent growth over time. Workforce housing in Columbus benefits from sustained demand drivers, including military, healthcare, and service-sector employment. Current average rents remain below prevailing market levels, providing embedded mark to market opportunity and long-term inflation protection through organic NOI growth. Many units have been renovated, limiting near-term capital exposure, while remaining units offer incremental operational upside. The portfolio combines durable occupancy, defensive income characteristics, below cost entry basis, and defined rent growth potential within a resilient Southeast rental market. Strong occupancy, under-market rents, and favorable market fundamentals support organic NOI growth, making the offering well suited for investors seeking stable cash flow, reduced volatility, and long-term value creation in a landlord-friendly environment.

FOR SALE DETAILS

PRICE

$4,661,500 USD

PRICE/SF

$5,886 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbus Rental Portfolio - 72 Units

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

051-014-006

ASK ABOUT THIS PROPERTY

Ashley WheelerNAI G2 CommercialMore Info
434-962-1578

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Ashley WheelerNAI G2 CommercialMore Info
434-962-1578

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.