Multifamily
Five Oaks Apartments
3815 Baker Plaza Dr, Columbus, GA 31903
Listing Price: $2,550,000
Investment Overview
Marcus & Millichap is pleased to present for sale Five Oaks Apartments in Columbus, GA. A cash-flowing, fully stabilized asset in a major Georgia secondary market, this property is an operational value-add opportunity with rents around $100 below market. The property has recently undergone around a $450k renovation including the roofs, HVACs and interiors.
With a strong, stable economy supported by major companies and the Fort Moore military base, Columbus, GA boasts a strong economy. The city is growing faster than many other parts of the state, thanks to new projects in manufacturing, tech, and aerospace, including a massive multi-billion dollar data center investment. With a major downtown renovation and a clear plan to continue creating jobs, Columbus offers long-term stability and increasing demand for housing.
Exclusively Listed By
Financing By
Listing Price: $2,550,000
Investment Highlights
- 100% occupied
- Below market rents
- New roofs, additional exterior and interior improvements
- New high school and additional developments adjacent to property
- Area to add a neighborhood amenity or laundry room
Investment Overview
Marcus & Millichap is pleased to present for sale Five Oaks Apartments in Columbus, GA. A cash-flowing, fully stabilized asset in a major Georgia secondary market, this property is an operational value-add opportunity with rents around $100 below market. The property has recently undergone around a $450k renovation including the roofs, HVACs and interiors. With a strong, stable economy supported by major companies and the Fort Moore military base, Columbus, GA boasts a strong economy. The city is growing faster than many other parts of the state, thanks to new projects in manufacturing, tech, and aerospace, including a massive multi-billion dollar data center investment. With a major downtown renovation and a clear plan to continue creating jobs, Columbus offers long-term stability and increasing demand for housing.
Exclusively Listed By
Financing By
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