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1520 Gordon Hwy Augusta, GA 30906

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Repositioned studio apartments near major Augusta employers.

Type:Multifamily
Added:
Apr 8, 2026
Days on Market:
14
Last Refresh:
Apr 8 at 8:01 pm

Property Features for 1520 Gordon Hwy

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Ben Wetenhall
Ben Wetenhall

Listing agent Ben Wetenhall License #141285 (SC)

Listing office Charleston – Morrison

Listing date Apr 8, 2026

Source Colliers

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Charleston – Morrison


Overview

Renovated Augusta Apartment Building

This property consists exclusively of studio apartments and is located between Augusta's major employers. A comprehensive renovation is scheduled for completion in Q1 2025, presenting an opportunity to acquire a repositioned asset with a clear path to stabilization. Situated in Georgia's second-largest metro area, which has over half a million residents and a diverse employment base in healthcare, military, and cybersecurity, the property is less than 10 minutes from downtown Augusta and approximately 15 minutes from Fort Gordon. The location provides close proximity to the region's primary employers, positioning the asset for continued strong rental demand. The current ownership has invested approximately $3.5 million in a full redevelopment, rebuilding unit interiors with new kitchens, appliances, contemporary finishes, plumbing, and electrical systems. Exterior improvements have addressed major capital components, including roofing, HVAC, and overall site improvements. With current occupancy at 85% and roughly $165 in monthly rental upside per unit, investors can focus on operational execution to unlock significant NOI growth. This property offers a straightforward path to stabilization, allowing investors to step into a fully renovated asset and focus on execution from day one.
Location Intelligence

Current Use by Public Records

OYO Hotel Augusta ... Hotel & Motel

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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  • Local Demand
City
Augusta
County
Columbia
State
Georgia
Longitude
-82.0069911
Latitude
33.4369811

FAQs

What type of property is this?
Apartment building - Repositioned studio apartments near major Augusta employers.
Where is this apartment building located?
The property is located at 1520 Gordon Hwy Augusta, GA.
What are key features of this property?
This property features: Strategic location between Augusta's major employers, including proximity to downtown Augusta and Fort Gordon.; Comprehensive renovation completed in Q1 2025 with ±$3.5 million invested.; **Fully renovated unit interiors with new kitchens, appliances, finishes, plumbing, and electrical systems.**
More about this property
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