Created date: March 20, 2024
Date last updated: August 9, 2024
- - 3,745 SF building with 6 units
- - Convenient location in the thriving Columbus area
- - Excellent investment opportunity for multifamily investors
- - Ample parking for residents
- - Close to amenities, schools, and public transportation
- - Proximity to key employment centers and entertainment options
Property Description
Introducing a prime value add investment opportunity located at 2501 Lumpkin Ct, Columbus, GA. This +/- 3,745 SF multifamily building, comprising 6 units and presents a compelling prospect for multifamily investors seeking to bolster their portfolio. The all-brick, horseshoe shaped building includes two rent ready units along with 4 unfinished units, leaving ample opportunity for a strategic value add strategy. Parking is available in front of the building for residents while including a fenced lot with a courtyard / open outdoor space in the center of the property. Two entryways remain in the front of the building for two separate units while other unit entryways are located in the middle courtyard. Apartments are 2 bed 1 bath. This multifamily property is approximately 4.5 miles from the Columbus Civic Center and Golden Park, the site for the recently announced $50 Million Dollar investment that will host the Atlanta Brave’s minor league team that will begin their 2025 season in Columbus, GA. The project is projected to bring 800-1,000 new jobs to the area. The entrance to Fort Moore is also a short 5 mile drive from the apartments. There are several local retailers nearby including Family Dollar, Dollar General, Bojangles, McDonald's, Little Caesars Pizza, Wendy's, Burger King, Caliber Car Wash and Walmart Supercenter. With the purchase price of $270,000, short distance to new development activity, and the favorable conditions for a value add strategy presented, this is a great opportunity. With any inquiries or questions please call our Multifamily Commercial Advisor, Mike Cosmah, at 706-570-6762 cell or 706-660-5418 office.