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26-Unit Apartment Portfolio
New
For Sale
$780,000

4828 Conner Rd, Columbus, GA 31903

Every apartment has two bedrooms and one bathroom, with renovation work needed across the portfolio.

Property SizeContact for details
Days on Market3

Property Features for 4828 Conner Rd

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence require renovations

Units

Unit Mix 26 x 2BR/1BA
Multifamily Units 26

Additional Details

Asking Price $780,000

Amenities

Attractive Basis: Asking $780,000, or $30,000 per apartment, for the entire 26-unit portfolio
Opportunity to Create Your Own Vision: With all 26 apartments vacant, a buyer can choose the finishes, plan the renovations, and create an attractive, updated apartment community
All Apartments Currently Vacant: Renovations can begin without relocating existing tenants or waiting for leases to expire
Easier Property Management: All five buildings are on Conner Road, making it easier to coordinate repairs, show apartments, and oversee renovations
26 Apartments in One Purchase: Acquire five buildings together rather than buying properties one at a time
Consistent Two-Bedroom Layouts: Every apartment has two bedrooms and one bathroom, making renovations and leasing easier to plan
Potential Monthly Rental Income: Estimated renovated rents of $850–$1,000 per apartment could produce $22,100–$26,000 in monthly gross rent at full occupancy

Building Details

Buildings 5
Units 26
Listing Agency: Atlanta Office
Listed By: Scott Spalding · License #License(s): GA: 357951, FL: SL 3516977, AL: 125796-0
Source: Marcusmillichap
Added: Oct 23 Last Checked: Oct 24 at 1:26PM

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 Atlanta Office

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Investment Insights

Based on property information with market context.

This Columbus apartment portfolio comprises 26 units across five buildings on Conner Road. The group includes one 12-unit property, two triplexes, and two four-unit buildings. Each apartment is configured with two bedrooms and one bathroom. The buildings are aging and require renovation, with work needed before the apartments can be leased in improved condition.

The properties are located at 4828 Conner Rd in Columbus, Georgia. The broader employment base includes Fort Benning, Aflac, FIS/TSYS, and Piedmont Columbus Regional, with healthcare, financial services, manufacturing, and education also represented among area industries.

Key Highlights

  • 26 apartments across five buildings on Conner Road
  • Building mix: one 12‑unit property, two triplexes, and two fourplexes
  • All 26 apartments have two bedrooms and one bathroom

Property Analytics

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Lease Details

26
Residential units

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 31903, GA

20,703
Population
9,593
Households
2.2
Avg Household Size
34
Median Age
8%
College-Educated
76%
High-School Grad
10.0 sq mi
ZIP Area
2,070
Density / Sq Mi
$29,488
Median Household Income
$27,063
Median Earnings
$873
Median Rent
$75,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Every apartment has two bedrooms and one bathroom, with renovation work needed across the portfolio.
Where is this apartment building located?
The property is located at 4828 Conner Rd Columbus, GA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 26 apartments across five buildings on Conner Road; Building mix: one 12‑unit property, two triplexes, and two fourplexes; All 26 apartments have two bedrooms and one bathroom
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