1202 Martin Luther King Junior Blvd Columbus, GA 31906
- Apartment buildings
- 16,822 SF
Current Use by Public Records
- Apartment buildings
Property Details for 1202 Martin Luther King Junior Blvd
- Property size
- 16,822 SF
- Property type
- Apartment buildings
Description
This exceptional multifamily investment opportunity in Columbus, Georgia, presents a compelling prospect for astute investors. Located at 1202 Martin Luther King Junior Blvd, 31906, this property is conveniently situated less than two miles from Uptown Columbus. The complex comprises three single-story brick buildings, totaling 16,822 square feet, and features 24 units. The unit mix includes 22 two-bedroom, one-bathroom units and 2 three-bedroom, one-bathroom units. Four units (21-24) have undergone complete renovations following a recent fire. These updated units boast new flooring, appliances (including ranges and hot water heaters), and a modernized sprinkler system, currently renting for $575 per month. The property sits on three parcels (APN: 025 018 007, 025 018 008, 025 018 006) and is zoned RMF2. With approximately 75% occupancy and the potential for full occupancy upon leasing the recently renovated units, this Class C property offers significant upside. The asking price is $1,008,000. This well-maintained complex presents a strong return on investment with considerable growth potential in a desirable location. The property's proximity to Uptown Columbus further enhances its appeal and rental prospects.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Longitude
- -84.9723
- Latitude
- 32.4601
