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Multifamily Portfolio in Columbus, Georgia
For Sale
$10,400,000

4770 Milgen Road, Columbus, GA 31907

Four-property, 148-unit multifamily portfolio in Columbus, Georgia for sale.

Property SizeContact for details
Days on Market113

Property Features for 4770 Milgen Road

General Information

Standard status Active
Property subtype Multifamily
Listing Agency:
Listed By: Troy Reynolds · License #GA #337970
Source: Naiglobal
Added: Apr 15 Changed: Jul 10 Last Checked: Aug 5 at 4:42AM

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 Troy Reynolds

Investment Insights

Based on property information with market context.

A four-property, 148-unit multifamily portfolio located entirely within Columbus, Georgia, is available for purchase. The portfolio generated $769,574 in Net Operating Income in 2025 with a current occupancy of 95.9%, reflecting a going-in cap rate of 7.59%. Offered at $10,000,000 ($67,568 per unit), this portfolio represents an opportunity to acquire a stabilized, income-producing multifamily portfolio in one of the Southeast’s markets.

Key Highlights

  • Stabilized, income‑producing multifamily portfolio.
  • Located in Columbus, Georgia, a resilient and employer‑anchored market.
  • Portfolio generated $769,574 in Net Operating Income in 2025.

Property Analytics

Current Use

Cooper Cove Apartments Apartment Complex

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Daycare Center Accounting Firm Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby

Demographics for 31907, GA

60,557
Population
25,710
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
91%
High-School Grad
23.8 sq mi
ZIP Area
2,544
Density / Sq Mi
$52,620
Median Household Income
$33,726
Median Earnings
$1,103
Median Rent
$142,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Four-property, 148-unit multifamily portfolio in Columbus, Georgia for sale.
Where is this apartment building located?
The property is located at 4770 Milgen Road Columbus, GA.
What is the asking price?
The asking price for this property is $10,400,000.
What are key features of this property?
This property features: Stabilized, income‑producing multifamily portfolio.; Located in Columbus, Georgia, a resilient and employer‑anchored market.; Portfolio generated $769,574 in Net Operating Income in 2025.
More about this property
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