Address: 4828 Conner Rd, Columbus, GA 31903, USA
Created date: December 10, 2024
Date last updated: January 16, 2025
- Excellent Value-Add Multifamily Opportunity
- HUD 2025 SAFMR $930 in the area (Effective January 1, 2025)
- HUD Advisory Rents increased approx. 5.00% in 2025, 11.25% in 2024, 6.67% in 2023 and 9.59% in 2022
- HUD Advisory Rents increased approximately 27.40% from 2022 to 2025
- Brick & Siding Building Exteriors
- Approximately $130,000 in CapEx and Property Updates Completed by Owner in 2023
- Electricity is Separately Metered and Paid Direct by Tenants
Property Description
4828 Conner Rd Apartments represents an excellent value-add multifamily investment located in Columbus, Georgia. The subject property is comprised of one (1) garden-style walk up two story building with brick and siding exteriors, featuring 12 units situated on approximately .582 acres. All dwelling units are 2BR/1BA consisting of an approximate size 750 SF per unit. The property has approximately $130,000 Capex in exterior renovations that include a new roof, all new windows, new exterior doors and new siding. The interiors have fully gutted kitchens and bathrooms. The HUD 2025 (SAFMR) Small Area Fair Market Rents for the subject property for zip code 31903 is $930.00 per month, effective January 1, 2025, presenting the value-add investor with an exceptional opportunity to realize increased potential rents and occupancy.