Multifamily Property with 11
1305 EBERHART AVE Columbus, GA 31906
1305 EBERHART AVE, Columbus, GA, 31906
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For Sale
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Multifamily property featuring 11 units in Columbus, Georgia.
Property Size14,800 SF
Price / SF$89.19
Days on Market62
Property Features for 1305 EBERHART AVE
General Information
- Standard status
- Active
- Size
- 14,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1971
Listing Agency
Keller Williams Realty River Cities
(678) 412-5583
Listed by
Kyra Cottle · License #GA 404408
Source
Crexi
Added: May 18 Checked: Jul 16 at 12:58 pm
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 Keller Williams Realty River Cities
Investment Insights
Based on property information with market context.
This multifamily property, located in Columbus, Georgia, comprises 11 units. The property is suitable for residential income purposes and classified as an apartment building. The total property size is 14800 square feet.
Key Highlights
- Multifamily property offering a great investment opportunity.
- Features 11 units.
- Built in 1971.
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 | $230.9k | $15.60 |
| − Vacancy | −$15.0k | −$1.01 |
| EGI | $215.9k | $14.59 |
| − OpEx | −$97.1k | −$6.56 |
| NOI | $118.7k | $8.02 |
14,800 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.70M
$1.48M – $1.98M
NOI $118,730 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.31M
$2.90M – $3.86M
NOI $231,806 @ 7.0% cap · market cap 17.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Multifamily property featuring 11 units in Columbus, Georgia.
Where is this apartment building located?
The property is located at 1305 EBERHART AVE Columbus, GA.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: Multifamily property offering a great investment opportunity.; Features 11 units.; Built in 1971.
