Listing
MLS #: 20073618
2117 15th , Columbus, GA 31901 
Remarks
43 Unit Value Add Portfolio consists of 15 single-family units and 28 multifamily units. Located throughout Columbus, GA, and Phenix City AL. Tremendous opportunity to increase rents with 70% of rents being below market value, some units renting as low as $200 to $300.Some units' rents can be increased with no upgrades. Opportunity to double NOI. Cap Rate 5.22% Columbus, GA, and Phenix City, Al are approximately 90 miles south of Atlanta, GA. Columbus GA is just 1 mile from Phenix City, AL, and is separated by the Chattahoochee River. If standing downtown Columbus you'll be able to look across the river right into Phenix City, AL. Both cities are adjacent to Fort Benning Military base, one of the largest military bases in North America. In addition, both markets are stable and rent-friendly markets. Which allows tenants to rent at all price points. Investors can acquire properties at a much lower rate than a major city such as Atlanta, GA. For financials see the documents attached, for any other information contact Listing Broker!
General Information
Listed By: CLEMENTSDENZ
Listing Office: SSPM01
Listing Office Email:
Listing Office Phone:
Price: $2,300,000
Bedrooms: 0
Full Baths: 0
Half Baths: 0
County: Muscogee
Subdivision: Hillhouse Odom Sub
Features
Construction: Brick
Cooling System: Other
Fireplace Descriptions:
Heating System: Other
Lot: 0.17
Lot Description: Level
Parking: Other
Water & Sewer: Public Sewer
Listing data provided by: CLEMENTSDENZ
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