170 Westwood Dr - Apartments FOR SALE


Thomson, GA 30824
$2,150,000 USD
706-736-0700
170 Westwood Dr, Thomson, GA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/50
null | Request Cap Rate

170 Westwood Dr
Thomson, GA 30824


HIGHLIGHTS

  • 24 units - Fully Leased
  • Unit mix- 16 2 BD/2BA, 4 - 2 BED/1.5 BA, 4 1BD/1BA
  • Low maintenance
  • Great location

OVERVIEW

Meybohm Commercial is proud to exclusively present, Seymour West, 24-unit multifamily investment opportunity, 100% occupied, located in Thomson, Georgia, just 35 miles west of Augusta. This asset offers immediate cash flow with a strong occupancy history and a diverse unit mix that appeals to a broad tenant base. The community consists of 3 buildings with 16 two-bedroom, 2 bath units, 4 two-bedroom, 1.5 bath units, and 4 one-bedroom, one-bath units. Several units have been updated, providing an attractive living environment for residents while reducing future capital improvement needs. Current rents range from $725 to $1,000 per month, generating $20,450 in monthly rental income, with the added benefit of additional monthly revenue from the community laundry facility featuring shared washer and dryer units. Property is currently managed by a local management company. Conveniently located near Interstate 20 and close to downtown Thomson, the property offers a desirable location for those who live and work in the area or who maybe traveling to Augusta, Fort Gordon, and surrounding employment centers. The combination of stable occupancy, multiple income streams, and continued rental demand makes Seymour West Apartments an excellent opportunity for investors seeking reliable cash flow and long-term appreciation.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

24

PRICE/UNIT

$89,583

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seymour West

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

R2

APN/PARCEL ID

0T08A 00000 054 000

ASK ABOUT THIS PROPERTY

Danielle MeikrantzMeybohm Commercial PropertiesMore Info
706-736-0700

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Danielle MeikrantzMeybohm Commercial PropertiesMore Info
706-736-0700

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