1202 Martin Luther King Jr Blvd | Columbus, GA 31906
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1202 Martin Luther King Jr Blvd
Columbus, GA 31906
Residential Property For Sale · 24 Units
Investment Highlights
- Located less than 2 miles from Uptown Columbus
- Four completely renovated units
- Ample parking for tentants
- Proximity to major highways and public transportation
Executive Summary
This well-maintained multi-family property is located less than 2 miles from Uptown Columbus, GA, and consists of three single-story brick buildings. The complex consists of a total of 24 units, including 22 two-bedroom, one-bath units and 2 three-bedroom, one-bath units.
Four units (Units 21-24) have recently been fully renovated following a fire, and now feature updated interiors, including new flooring, appliances (range and hot water heaters), and a modernized sprinkler system. These newly renovated units are available for rent at $575 per month.
Currently, the property is approximately 75% occupied, with the newly renovated units expected to be leased in the near future. This is a great investment opportunity with significant potential for growth.
Four units (Units 21-24) have recently been fully renovated following a fire, and now feature updated interiors, including new flooring, appliances (range and hot water heaters), and a modernized sprinkler system. These newly renovated units are available for rent at $575 per month.
Currently, the property is approximately 75% occupied, with the newly renovated units expected to be leased in the near future. This is a great investment opportunity with significant potential for growth.
PROPERTY FACTS
| Price Per Unit | £33,267 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.87 AC |
| No. Units | 24 | Building Size | 16,822 SF |
| Property Type | Residential | Number of Floors | 1 |
| Property Subtype | Apartment | Year Built | 1963 |
| Apartment Style | Low Rise | Parking Ratio | 1.46/1,000 SF |
| Price Per Unit | £33,267 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.87 AC |
| Building Size | 16,822 SF |
| Number of Floors | 1 |
| Year Built | 1963 |
| Parking Ratio | 1.46/1,000 SF |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 22 | - | - |
| 3+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £5,321 | |
| Land Assessment | £123,119 | Total Assessment | £128,440 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£123,119
Improvements Assessment
£5,321
Total Assessment
£128,440
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