Rare opportunity to acquire a pre assembled 61 unit rental portfolio in a single transaction, offering investors immediate scale, diversification, and multiple avenues for value creation. The portfolio includes a mix of single family and multifamily properties, providing a compelling combination of current rental income, high occupancy, and long term… Read More appreciation potential. With an approximate basis of just $57,000 per unit, the portfolio offers an attractive entry point for investors seeking meaningful rental housing scale without the time, expense, and complexity of assembling a portfolio one property at a time. High occupancy provides an established income base, while the existing portfolio offers significant potential for further growth. Value add opportunities include increasing rents toward market levels, completing targeted renovations, and implementing operational improvements to enhance property performance and overall portfolio value. The combination of a low basis, strong occupancy, and identifiable upside creates an attractive platform for both income growth and long term appreciation. Located near Fort Benning and major area employers, the portfolio benefits from proximity to established employment centers and sustained demand for affordable rental housing. Its scattered site structure provides additional diversification across properties and asset types, while allowing investors to acquire substantial rental housing scale through one transaction. The portfolio is offered as is, providing investors the opportunity to evaluate the existing assets and pursue their own renovation, management, and repositioning strategies. For investors seeking scale, an attractive price per door, high occupancy, diversification, and value add potential, this 61 unit portfolio represents a rare opportunity to acquire a substantial rental housing portfolio that is already assembled and operating, with meaningful opportunity to enhance performance and create additional value. Read Less
Courtesy of Ashley Wheeler, G2 Commercial Real Estate 706-660-5418
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,628
Lot Size
0.13 Acres
Year Built
1914
MLS Number
233877
30 Days Snapshot Of 31904
$345k
+23%
(avg) sold price
39
-31%
homes sold
75
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: Other-See Remarks
Building
Built in 1914, Living area: 1,628, Building area total: 1,628, Architectural style: Other-See Remarks, Construction materials: Other
Heating
Other Type-See Remarks
Laundry
Other-See Remarks
Lot
0.13 acres, 5,663 square feet
Parking
Other Capacity-See Remarks
Security Features
None
Sewer
Public Sewer
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Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Source: Columbus Board of REALTORS
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