Apartment Buildings /GA /Richmond County /Augusta /1927 Central Ave
Apartment Buildings /GA /Richmond County /Augusta /1927 Central Ave

1927 Central Ave - Apartments FOR SALE


Augusta, GA 30904- Midtown Augusta | 
$2,100,000 USD
706-407-4443
1927 Central Ave, Augusta, GA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/6
null | 7.2% Cap Rate
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1927 Central Ave
Augusta, GA 30904
Midtown Augusta

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HIGHLIGHTS

  • 19 of the 28 units plus the single-family home have recently been renovated
  • current owners have invested over $80,000 in Capex
  • The roofs are in good condition and new roof on Building D

OVERVIEW

• 29-unit apartment complex in Augusta, GA that consists of 4 apartment buildings and 1 single family home • Centrally located near the Augusta Medical District • Potential for value-add or stabilized investment opportunity • Located in an Opportunity Zone

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

29

PRICE/UNIT

$72,414

CAP RATE

7.2%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midtown Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

C3

APN/PARCEL ID

0453014010

ASK ABOUT THIS PROPERTY

Lee MalchowPalomar GroupMore Info
706-407-4443

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Lee MalchowPalomar GroupMore Info
706-407-4443

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