2575 Tobacco Rd - Apartments FOR SALE


Hephzibah, GA 30815- Windsor Spring
$1,930,000 USD
404-445-1090
2575 Tobacco Rd, Hephzibah, GA for Sale
$1,930,000 USD
Apartments - FOR SALE
1/6
null | 7.97% Cap Rate

2575 Tobacco Rd
Hephzibah, GA 30815
Windsor Spring


HIGHLIGHTS

  • 26-unit garden-style community built in 1984 with recent 2020/2022/2025 renovations
  • Approximately 88% occupied with 7% upside to market rent of ~$935/unit
  • 7.97% current cap rate | 8.50% stabilized cap rate at $74,231 per unit
  • Approximately 15 minutes from Fort Gordon, a major regional employment driver
  • All two-bedroom, one-bathroom units averaging approximately 850 square feet
  • Average household income of approximately $84,845 within one mile

OVERVIEW

Broker Of Record Maxx Bauman Matthews Real Estate Investment Services, Inc 451849, 80041 (GA) 3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,930,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

26

PRICE/UNIT

$74,231

CAP RATE

7.97%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

San Sebastian Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

B-2 (Richmond County)

APN/PARCEL ID

1410310000

ASK ABOUT THIS PROPERTY

Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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