4848 Conner Rd Columbus, GA 31903
This exceptional value-add investment opportunity presents a 14-unit multifamily property situated on 1.073 acres in Columbus, Georgia. The property comprises four buildings – two triplexes and two quadraplexes – each featuring two-bedroom, one-bathroom units, totaling 14 units. Built in 1963, the property offers significant upside potential due to its current vacant status and the potential for rent increases. The asking price is $630,000, translating to $45,000 per unit and $63.29 per square foot. The property boasts a projected pro-forma NOI of $103,012, resulting in a compelling 16.35% pro-forma cap rate. Each building sits on its own tax parcel (APN: 090 025 032
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.