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56-Unit Apartment Complex
For Sale
Contact for pricing
Pending

300 Applecross Dr, Augusta, GA 30907

For-sale 56-unit apartment complex with value-add potential and an assumable loan at 4% interest.

Property SizeContact for details
Days on Market117

Property Features for 300 Applecross Dr

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 56
Listing Agency: Palomar Real Estate Group
Listed By: Steve Collins · License #GA 317459
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Aug 4 at 10:05AM

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 Palomar Real Estate Group

Investment Insights

Based on property information with market context.

This offering presents a 56-unit apartment complex for sale. The property is presented as a value-add opportunity, with an existing loan that is assumable.

The complex is located right off Washington Road in Augusta, Georgia.

According to the provided terms, the assumable loan carries a 4% interest rate with 8 years of remaining term. Additional property details were not provided.

Key Highlights

  • 56‑unit apartment complex right off Washington Road in Augusta, GA
  • Value‑add opportunity noted in the listing
  • Assumable loan available at a 4% interest rate

Property Analytics

Current Use

Clara Point Apartment Complex TMC Properties Loan Service Applecross Apartments Property Management Company Five star burgers Restaurant

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Hotel & Motel Big Box & Wholesale Store Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

56
Residential units

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

Demographics for 30907, GA

50,964
Population
22,219
Households
2.3
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
2,115
Density / Sq Mi
$83,349
Median Household Income
$45,692
Median Earnings
$1,211
Median Rent
$232,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - For-sale 56-unit apartment complex with value-add potential and an assumable loan at 4% interest.
Where is this apartment building located?
The property is located at 300 Applecross Dr Augusta, GA.
What are key features of this property?
This property features: 56‑unit apartment complex right off Washington Road in Augusta, GA; Value‑add opportunity noted in the listing; Assumable loan available at a 4% interest rate
More about this property
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