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    Property profile & analytics

    106 Wellborn Rd Warner Robins, GA 31098

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US22-0050395
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chelsea Garden Apartments / Apartments
    • lotus Amore' Styles / Hair Salon / Hairdresser
    • HUSBAND AND WIFE RETAIL / Clothing Store

    Property Details for 106 Wellborn Rd

    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents the Chelsea Apartments, a 32-unit multifamily property located at 106 Wellborn Rd, Warner Robins, GA 31098. Currently boasting 100% occupancy as of May 24, 2024, and a stabilized NOI of $177,000, this property offers a compelling 7.50% cap rate on an asking price of $2,360,000 ($73,750 per unit). A pro-forma NOI of $198,000 projects an 8.39% cap rate, reflecting significant upside potential. The complex comprises six, two-story buildings situated on a 3.5-acre lot, offering ample parking and the potential for future expansion. All units are a mix of two and three-bedroom configurations, presented in both single-story and two-story townhouse styles. Extensive renovations completed in 2021, including new metal roofs (replaced within the last five years), new asphalt, and over $800,000 in capital improvements, ensure minimal deferred maintenance. The property's location near Robins Air Force Base and gated communities contributes to its consistently high occupancy rate (historically in the high 90s). All renovated units currently achieve market rate rents, and further rent increases are anticipated as units turn over and are renovated to match the upgraded standards. Previous ownership plans included demolishing existing garages to construct an additional 6-8 unit building, presenting another avenue for value enhancement. Please respect tenant privacy and refrain from contacting residents directly.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.603410063544
    Latitude
    32.608667147262
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    106 Wellborn Rd
    Warner Robins, GA 31098
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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