2229-2233 Ticknor Dr

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Address: 2229-2233 Ticknor Dr , Columbus, Georgia, US
Created date: May 9, 2024
Date last updated: May 9, 2024
  • - 13,500 +/- SF building
  • - 16 units
  • - Two 8 unit buildings
  • - 1 building vacant (interior incomplete)
  • - Built in 1965
  • - Zoned C3 - Commercial Lots
  • - Located in Columbus Market area
  • - 50% occupancy
  • - Prime investment opportunity
  • - Potential for increased occupancy
  • - Strong historical performance
  • - Versatile C3 zoning for various business uses
  • - Proximity to key amenities
  • - Favorable market conditions
  • - Potential for value appreciation
  • - Established presence in Columbus market
  • - Ideal for multifamily complex investors

Property Description

Discover a prime investment opportunity with this 13,500+/- SF multifamily complex, featuring 16 units within a versatile C3 zoning. Built in 1965, this property holds an established presence in the Columbus market. With 50% occupancy, a proven historical performance, and with weekly rent it offers the potential for increased occupancy and value appreciation by completion the second 8 unit building. This opportunity is ideal for multifamily complex investors seeking a property in a strategic location, this versatile space is surrounded by key amenities, offering favorable market conditions and diverse business uses. Don't miss the chance to capitalize on this multifamily investment within a thriving commercial hub. ***Notes*** This property consists of two 8-unit buildings. One 8-unit building is 100% occupied. The second 8-unit building must have the interior completed. This will consist of electrical, plumbing (from slab upwards), flooring, drywall, and appliances, etc. The price has been adjusted on the second building in the listing price. Pictures of the second building interior are available. Completion of the second building interior and all could double the gross rent.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $875,000
No. of Units: 16
Average Occupancy: 6.74
Year Built: 1965
Lot Size: 0.48 Sq ft
Opportunity Zone: No
Price per unit: $54,688
Property Website Click Here
Address: 2229-2233 Ticknor Dr , Columbus, GA 31901, USA
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