Property summary
This 52-unit apartment building, located at 2300 4th Ave, Phenix City, AL 36867, presents a compelling value-add investment opportunity. The property, built in 1950 and extensively renovated in 2022, boasts 60,000 square feet and is currently operating at 51% occupancy. The asking price is $2,750,000, translating to $45.83 per square foot and $52,884.62 per unit. A pro-forma NOI of $276,011 projects a 10.04% cap rate. Significant renovations have already been completed on 31 units,… including new HVAC systems, roof replacement, kitchen and bathroom remodels, and upgrades to paint, plumbing, electrical, flooring, and landscaping. However, approximately 22 units remain to be renovated, offering a substantial opportunity for value creation through increased occupancy and rental income. The property benefits from its strategic location in Phenix City, close to the Chattahoochee River and the larger Columbus, GA MSA, providing access to major employment centers and retail amenities. With a population of over 132,000 residents within a 5-mile radius, this property offers significant potential for growth and strong rental demand. This is an ideal opportunity for an investor to capitalize on the existing renovations, complete the remaining upgrades, and maximize the property's operational efficiency to achieve its full potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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