Property summary
This exceptional investment opportunity presents a portfolio of four single-family homes located in Columbus, Georgia. The properties, totaling four units, are currently 100% occupied with tenants under 12-month leases, ensuring immediate cash flow. The portfolio boasts a Net Operating Income (NOI) of $3,038, representing a 0.73% cap rate on the asking price of $414,900. Each unit offers a square footage ranging from 1,064 to 1,276 square feet, and is priced at $103,725. The properties are classified as Class C and are situated in desirable residential neighborhoods within Muscogee County. Three of the four properties offer potential for rental growth, providing an avenue for increased future income. Tenants are responsible for all utilities. The addresses are 1534 30th St, Columbus, GA 31904; 3124 Oak Cir, Columbus, GA 31907; 3629 Walton St, Columbus, GA 31907; and 3812 13th Ave, Columbus, GA 31904. This stabilized investment offers a secure and consistent income stream, making it an attractive addition to any real estate portfolio. Showings are by appointment only during due diligence; please do not disturb tenants. The property is zoned for residential use and is not subject to a ground lease. This is a turnkey investment opportunity with immediate returns.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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