6 Unit Multifamily Investment Portfolio Listing Details & Market Data

2235-2245 Woodward Ave, Augusta, GA 30906

  • For Sale $523,500
  • Property Type Multi-Family
  • Property Size 4,346 SF
  • Units 6
  • Lot Size 0.78 Acre
  • Date Updated Mar 7, 2024
This property is located off of Peach Orchard Road on Woodward Ave in Augusta, GA. The property is close to Bobby Jones Express Way with easy access towards Fort Gordon and towards the industrial District of Augusta, GA. In addition, the property is only 10 minutes from Downtown Augusta, GA which is home to the business district and the medical district. Peach Orchard Road is one of the main commercial corridors in South Augusta, and connects Hephzibah with Downtown Augusta. The intersection of Bobby Jones (I-520) and Peach Orchard is just under two miles south, and is home to Lowe's, Chick-fil-A, Aldi, KFC, Cook-Out, and many other national retailers. Augusta, GA is home to Fort Gordon and the Georgia Cyber Center and both bring many military and civilian cyber jobs to the area. In addition, the Medical district is a large driver of the economy for the Augusta, GA area.The Finem Group at Meybohm Commercial is proud to exclusively present this multifamily portfolio for sale which consists of 3 adjacent duplexes. The properties are located off of Peach Orchard Rd in Augusta, GA. The property currently has 5 units rented with 1 unit being marketed for lease. The tenants are responsible for their utilities (electric, gas, and water) and landscaping. Two HVAC units have been replaced in the past 12 months. 2245 is the duplex closest to Peach Orchard Road. The property has an architectural shingle roof, crawl space, and brick exterior. The property has a fenced back yard, and gravel driveway. 2241 is the next property, with an architectural shingle roof, brick exterior, gravel driveway, and fenced rear yard. The property sits on a crawl space. 2237 is the last duplex, which sits on a .52 acre lot, and features a large back porch addition. The property also has an architectural shingle roof, with gravel driveway, brick exterior, and fenced yard.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • LIST PRICE: $523,500
  • CAPITAL IMPROVEMENTS DONE THIS YEAR: In the last 12 months, the owner has completed a lot of capital improvements on the property. They have renovated 3 of the units, replaced an HVAC unit, and did some electrical and plumbing improvements. Almost $12K was spent improving the units.
  • VALUE ADD OPPORTUNITY: There is a lot of potential to increase value by filling the vacant unit and by renovating and upgrading other units to increase rents and improve the property.
  • ALL UTILITIES ARE SEPARATELY METERED: For each unit, all the utilities are separately metered and are the tenants responsibility. The only utility expense the owner has is when the units are vacant.
  • LOCATED IN GROWING AREA: These units are located right off Peach Orchard Rd which is experiencing a lot of new retail growth. With a brand new 7-Brew and Take 5 Oil change, there is a surge of retailers looking to expand to this area of Augusta.
  • CLOSE TO MAJOR ECONOMIC DRIVER: There is a lot of strong economic drivers located within 20 minutes of these units such as the Downtown Medical District, Central Business District Downtown, SRS, South Augusta's Industrial District, and more.
  • PROPERTY INSPECTION REPORTS:
  • 2243 & 2245 Duplex: https://drive.google.com/file/d/1r1fbhwUiR5BLcQP8IPHurr7zXTOPp5Uy/view?usp=drive_link
  • 2239 & 2241 Duplex: https://drive.google.com/file/d/1HL9vLU_b3Mpd-7lY7y86rDPr4Cx-cliQ/view?usp=drive_link
  • 2235 & 2237 Duplex: https://drive.google.com/file/d/13RdFWPqZFGlLdWrDyebhwwWP2GAFQ3kn/view?usp=drive_link

Contacts

broker

Jonathan Aceves, CCIM, MBA

Meybohm Commercial Properties

(706) 294-1757

Location

Getting Around

  • Walk Score ®

    Car-Dependent (38)

  • Bike Score ®

    Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Augusta, GA
  • Neighborhood Richmond Hill
  • Zip Code 30906
  • Market Augusta

Points of Interest

  • CK

    1.07 miles

  • Shopper's Stop

    2.03 miles

  • Shell

    2.05 miles

  • Phillips 66

    2.09 miles

  • RaceWay

    2.71 miles

  • Exxon

    3.11 miles

  • Shell

    3.25 miles

  • BP

    3.47 miles

  • In-N-Out

    3.68 miles

  • Smart Gas

    3.90 miles

  • 114

    3.13 miles

  • 113

    3.13 miles

  • 117

    3.14 miles

  • 110

    3.15 miles

  • 111

    3.17 miles

  • 112

    3.18 miles

  • 109

    3.18 miles

  • 116

    3.19 miles

  • 118

    3.20 miles

  • 107

    3.22 miles

  • Waffle House

    0.76 miles

  • Captain D's

    0.79 miles

  • Burger King

    0.79 miles

  • McDonald's

    0.84 miles

  • New Chan Express Chinese

    0.89 miles

  • Checkers

    0.89 miles

  • Happy House

    1.48 miles

  • Applebee's

    1.56 miles

  • Applebee's Grill & Bar

    1.56 miles

  • Sconyers Bar-B-Que

    1.61 miles

  • Murphey Middle School

    0.38 miles

  • George P Butler High School

    0.67 miles

  • Fleming School

    0.70 miles

  • Augusta Christian Academy

    1.10 miles

  • Murphy High School

    1.15 miles

  • A Dorothy Hains Elementary School

    1.17 miles

  • Wilkinson Garden School

    1.20 miles

  • Wheless Road School

    1.30 miles

  • Levi White School

    1.55 miles

  • Jenkins School

    1.56 miles

  • Childcare Network

    5.53 miles

  • Fort Gordon Child Development Center

    8.40 miles

Contact Listing Broker

broker

Jonathan Aceves, CCIM, MBA

Meybohm Commercial Properties

(706) 294-1757