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Columbus Multifamily Investment Opportunity

8082 Veterans Parkway Columbus, GA 31909

8082 Veterans Parkway, Columbus, GA, 31909
$2,600,000
For Sale
$2,600,000

MULTI_FAMILY - Columbus, GA

Property Size20,000 SF
Lot Size1.00 Acre
Price / SF$130
Days on Market173

Property Features for 8082 Veterans Parkway

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
073 022 018 15
Size
20,000 SF
Lot size
1.00 Acre

Building Details

Year built
2006
Number of units
20
Listing Agency Keller Williams Realty River Cities
6053 VETERANS PKWY STE 200, Columbus, GA
Listed by Kyra Cottle
Added: Jan 26 Checked: Jul 18 at 10:06 am
MLS# 221071 Listing URL

Copyright © 2026 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multifamily property is located in Columbus, Georgia. The property has a size of 20000 square feet and is situated on a 1-acre lot. The property is intended for multifamily residential use. Inspections will be scheduled during the due diligence period. The property is currently fully occupied with no vacancies.

Key Highlights

  • Built in 2006.
  • No vacancies.
  • Property walk‑through/inspection will be scheduled during DD (Due Diligence).

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $312.0k $15.60
− Vacancy −$20.3k −$1.01
EGI $291.7k $14.59
− OpEx −$131.3k −$6.56
NOI $160.4k $8.02
20,000 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.29M
$2.01M – $2.67M (±1% cap)
NOI $160,446 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.48M
$3.92M – $5.22M (±1% cap)
NOI $313,252 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Springcreek Village Apartment Complex Trinity African braids Hair Salon Pretty wild coils ... Cosmetic Store

Suggested Use

Law Firm Bakery Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Multifamily property in Columbus, GA, currently with no vacancies.
Where is this apartment building located?
The property is located at 8082 Veterans Parkway Columbus, GA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Built in 2006.; No vacancies.; Property walk‑through/inspection will be scheduled during DD (Due Diligence).
Contact an agent
More about this property
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