1515 Stovall St - Apartments FOR SALE


Augusta, GA 30904- Highland Park
$550,000 USD
843-952-2295
1515 Stovall St, Augusta, GA for Sale
$550,000 USD
Apartments - FOR SALE
1/42
null | 7.37% Cap Rate

1515 Stovall St
Augusta, GA 30904
Highland Park


HIGHLIGHTS

  • Prime Midtown Augusta Location Surrounded by Major Employers and Strong Demand Drivers
  • Value-Add Potential Through Re-Tenanting and Repositioning Strategy
  • Close Proximity to Medical Centers, Downtown Augusta, and Key Regional Amenities

OVERVIEW

This fully vacant property offers strong upside for investors. All six units require work—five light turns for quick leasing and one heavy turn from a recent fire in March. Prime location near Augusta Technical College ensures tenant demand. Ideal for repositioning through efficient renovations and re-tenanting to boost cash flow.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

6

PRICE/UNIT

$91,667

CAP RATE

7.37%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1896

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

R-1C

APN/PARCEL ID

0443214000

ASK ABOUT THIS PROPERTY

Price BrazzelMarcus & MillichapMore Info
843-952-2295

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Price BrazzelMarcus & MillichapMore Info
843-952-2295

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