Columbus Multifamily Investment
For Sale
$2,600,000
8082 Veterans Parkway, Columbus, GA 31909
MULTI_FAMILY - Columbus, GA
Property Size20,000 SF
Lot Size1.00 Acre
Price / SF$130
Days on Market185
Property Features for 8082 Veterans Parkway
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Spring Creek Village
Directions
Intersection Of Moon Rd And Veterans Pkwy, North Bound On Veterans Pkwy, Property Will Be On Your Right.
Standard status
Active
APN
073 022 018 15
Size
20,000 SF
Lot size
1.00 Acre
Building Details
Year built
2006
Number of units
20
Listing Agency:
Keller Williams Realty River Cities
(706) 221-6900
Listed By:
Kyra Cottle
(678) 412-5583
Added: Jan 26
Changed: Jun 9
Last Checked: Jul 30 at 7:06PM
MLS# 221071
Copyright © 2026 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property is located in Columbus, Georgia. The property has a size of 20000 square feet and is situated on a 1-acre lot. The property is intended for multifamily residential use. Inspections will be scheduled during the due diligence period. The property is currently fully occupied with no vacancies.
Key Highlights
- Built in 2006.
- No vacancies.
- Property walk‑through/inspection will be scheduled during DD (Due Diligence).
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 | $312.0k | $15.60 |
| − Vacancy | −$20.3k | −$1.01 |
| EGI | $291.7k | $14.59 |
| − OpEx | −$131.3k | −$6.56 |
| NOI | $160.4k | $8.02 |
20,000 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.29M
$2.01M – $2.67M
NOI $160,446 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.48M
$3.92M – $5.22M
NOI $313,252 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 31909, GA
38,760
Population
17,486
Households
2.2
Avg Household Size
35
Median Age
38%
College-Educated
91%
High-School Grad
18.7 sq mi
ZIP Area
2,073
Density / Sq Mi
$69,221
Median Household Income
$44,029
Median Earnings
$1,271
Median Rent
$205,800
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 - Multifamily property in Columbus, GA, currently with no vacancies.
Where is this apartment building located?
The property is located at 8082 Veterans Parkway Columbus, GA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Built in 2006.; No vacancies.; Property walk‑through/inspection will be scheduled during DD (Due Diligence).
