Multi-Family•Low-Rise/Garden•For Sale

Residential Portfolio - 16 Houses 3 Duplexes

16 Patton Dr, Columbus, Georgia 31903

Sale Price $710,000
Sale Type Investment
Zoning Residential
Bldg Type Multi-Tenant
Year Built 1950
Year Renovated 2019
Vacancy 100%
Gross Bldg 21,864 SqFt
Land Area 3.6 Acres
Project Size 22
NEW PROPERTIES ADDED ! Back on market. Just $710,000 - Portfolio of 16 houses and 3 duplexes with a total of 22 units. 100% rented with strong occupancy history. Within close proximity. Brick and siding exterior. CAP 2018 11.88% - 2019 estimated at 14.79%. Columbus hosts multi-national companies like Kia, Kodak NCR, Pratt & Whitney and Johnson Controls. Home to Ft Benning and Maneuver Center of Excellence with more than 40,000 military personnel, contracts and civilians working at the installation daily. Notable companies as Aflac, Carmine Cinemas, Realtree, Synovus etc. have setup corporate headquarters here. Room/bath combination 5/2, 5/1, 3/2, 3/1, 2/1, 1/1, duplexes 2/1 and 1/1. Ranging from $400-$700 per month. Several updated in 2017, 2018, 2019. Owner managed. All in the city of Columbus in the SE area close to Ft Benning
  • 100% leased, well managed and maintained.
  • High occupancy history
  • Close to Ft Benning
11/4/2019 7:26:02 PM 11/18/2019 4:47:55 PM
Charlotte Jones
Commercial Director
Atlanta - Peachtree City

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