409 E Woodward St - Apartments FOR SALE


Vienna, GA 31092
$3,500,000 USD
478-745-1156
409 E Woodward St, Vienna, GA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/13
null | 9.3% Cap Rate

409 E Woodward St
Vienna, GA 31092


HIGHLIGHTS

  • Unit mix includes 2BR/1 BA and 3BR/1.5 BA layouts with modern amenities. 2BR/1BA Handicap.
  • Positioned on 3.47 acres with ample parking and accessibility features.
  • Strong in-place cash flow with opportunities for income growth.

OVERVIEW

409 E Woodward Street presents an attractive investment opportunity in Vienna, Georgia, offering a 36-unit apartment community with strong in-place cash flow and full occupancy. The property spans a 3.47-acre site and is located within an Opportunity Zone, providing potential tax advantages for qualified investors. Built in 1995, this garden-style and townhouses community features a mix of two and three-bedroom units. Each equipped with washer/dryer hookups, cable readiness, and wheelchair accessibility in select units. The property has been well maintained and benefits from stable tenancy, making it a reliable income-producing asset. The location offers convenient access to local amenities and major transportation routes, supporting consistent rental demand. Available below market rent.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

36

PRICE/UNIT

$97,222

CAP RATE

9.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodward Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.47 AC

LAND SF

151,153 SF

ZONING

R-2

APN/PARCEL ID

V120000039A

ASK ABOUT THIS PROPERTY

Bob LewisBob Lewis & Associates, Inc.More Info
478-745-1156

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Bob LewisBob Lewis & Associates, Inc.More Info
478-745-1156

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