Five Oaks Apartments — Sale in Columbus, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Columbus, GA 31903

Photos

Five Oaks Apartments — Sale in Columbus, GA, photo 1 of 2
Five Oaks Apartments — Sale in Columbus, GA, photo 2 of 2

Investment Figures

Cap rate
7.48%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale Five Oaks Apartments in Columbus, GA. A cash-flowing, fully stabilized asset in a major Georgia secondary market, this property is an operational value-add opportunity with rents around $100 below market. The property has recently undergone around a $450k renovation including the roofs, HVACs and interiors. With a strong, stable economy supported by major companies and the Fort Moore military base, Columbus, GA boasts a strong economy. The city is growing faster than many other parts of the state, thanks to new projects in manufacturing, tech, and aerospace, including a massive multi-billion dollar data center investment. With a major downtown renovation and a clear plan to continue creating jobs, Columbus offers long-term stability and increasing demand for housing. Investment Highlights: • 100% occupied • Below market rents • New roofs, additional exterior and interior improvements • New high school and additional developments adjacent to property • Area to add a neighborhood amenity or laundry room

Market Context

This multifamily in Columbus, GA is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Columbus, GA — view the full market.

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