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Multifamily

1515 Stovall Street

1515 Stovall St, Augusta, GA 30904

Listing Price: $550,000

Cap Rate
7.37%
Number of Units
6
GRM
7.09
Occupancy
95.0%
Price/Unit
$91,667

Investment Overview

This fully vacant property offers strong upside for investors. All six units require work—five light turns for quick leasing and one heavy turn from a recent fire in March. Prime location near Augusta Technical College ensures tenant demand. Ideal for repositioning through efficient renovations and re-tenanting to boost cash flow.

Investment Highlights

  • Prime Midtown Augusta Location Surrounded by Major Employers and Strong Demand Drivers
  • Value-Add Potential Through Re-Tenanting and Repositioning Strategy
  • Close Proximity to Medical Centers, Downtown Augusta, and Key Regional Amenities

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Multifamily

1515 Stovall Street

Listing Price: $550,000

Cap Rate
7.37%
Number of Units
6
GRM
7.09
Occupancy
95.0%
Price/Unit
$91,667

Investment Highlights

  • Prime Midtown Augusta Location Surrounded by Major Employers and Strong Demand Drivers
  • Value-Add Potential Through Re-Tenanting and Repositioning Strategy
  • Close Proximity to Medical Centers, Downtown Augusta, and Key Regional Amenities

Investment Overview

This fully vacant property offers strong upside for investors. All six units require work—five light turns for quick leasing and one heavy turn from a recent fire in March. Prime location near Augusta Technical College ensures tenant demand. Ideal for repositioning through efficient renovations and re-tenanting to boost cash flow.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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