Three-Building Apartment
For Sale
Contact for pricing
Pending
1939 Broad St, Augusta, GA 30904
Three-building apartment property in Downtown Augusta with extensive renovation needs and a mix weighted toward three-bedroom units.
Property Size45,028 SF
Days on Market141
Property Features for 1939 Broad St
General Information
Standard status
Pending
Size
45,028 SF
Property subtype
Multifamily
Property Condition
Severity
Major Repairs Needed
Evidence
full renovations
Units
Unit Mix
3 x studio, 3 x 1BR, 7 x 2BR, 26 x 3BR
Multifamily Units
39
Building Details
Buildings
3
Construction
brick
Listing Agency:
Meybohm Commercial
(706) 736-3375
Listed By:
Jonathan Aceves · License #GA 424883
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:46AM
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 Meybohm Commercial
Investment Insights
Based on property information with market context.
This Downtown Augusta apartment property consists of three buildings containing 39 units and 45,028 square feet. The unit mix includes 3 studios, 3 one-bedroom units, 7 two-bedroom units, and 26 three-bedroom units. Two buildings have brick exteriors described as being in good condition, and all roofs were replaced in 2022. Some windows have also been replaced.
All units are currently vacant and require comprehensive renovation, including HVAC systems, water heaters, cabinetry, countertops, appliances, paint, flooring, baseboards, windows, lighting, and doors. Use restrictions from the property's former Low-Income Housing Tax Credit status are scheduled to expire in 2032; those restrictions require 20% of the units to remain affordable for Section 8 tenants during the applicable period.
The property is located on Broad St in Downtown Augusta, next to the Sibley and Kings Mill redevelopment projects. It is also near the Salvation Army's Kroc Center and the Boys and Girls Club.
All units are currently vacant and require comprehensive renovation, including HVAC systems, water heaters, cabinetry, countertops, appliances, paint, flooring, baseboards, windows, lighting, and doors. Use restrictions from the property's former Low-Income Housing Tax Credit status are scheduled to expire in 2032; those restrictions require 20% of the units to remain affordable for Section 8 tenants during the applicable period.
The property is located on Broad St in Downtown Augusta, next to the Sibley and Kings Mill redevelopment projects. It is also near the Salvation Army's Kroc Center and the Boys and Girls Club.
Key Highlights
- 39‑unit apartment property totaling 45,028 square feet
- Unit mix: 3 studios, 3 one‑bedroom, 7 two‑bedroom, and 26 three‑bedroom units
- Three apartment buildings, with brick exteriors on two buildings
Property Analytics
Property Profile
Current Use
Lease Details
39
Residential units
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 30904, GA
24,145
Population
12,558
Households
1.9
Avg Household Size
38
Median Age
31%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,195
Density / Sq Mi
$45,636
Median Household Income
$29,101
Median Earnings
$953
Median Rent
$185,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-building apartment property in Downtown Augusta with extensive renovation needs and a mix weighted toward three-bedroom units.
Where is this apartment building located?
The property is located at 1939 Broad St Augusta, GA.
What are key features of this property?
This property features: 39‑unit apartment property totaling 45,028 square feet; Unit mix: 3 studios, 3 one‑bedroom, 7 two‑bedroom, and 26 three‑bedroom units; Three apartment buildings, with brick exteriors on two buildings
