3413 Terminal Ct
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3413 Terminal Ct
8 Unit Apartment Building $390,000 ($48,750/Unit) Columbus, GA 31906
Executive Summary
3413 Terminal Court represents an excellent value-add multifamily investment located in Columbus, Georgia. The subject property is comprised of garden-style walk up with a central courtyard and brick exteriors. Featuring 8 units situated on approximately 0.46 acres. Each unit has been recently updated. Current rents are averaging approximately $695 per unit per month, while the HUD 2025 advisory for rent in the subject property zip code of 31906 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.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $390,000 | Building Class | C |
| Price Per Unit | $48,750 | Lot Size | 0.46 AC |
| Sale Type | Investment | Building Size | 4,674 SF |
| No. Units | 8 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1958/2023 |
| Apartment Style | Low Rise |
| Price | $390,000 |
| Price Per Unit | $48,750 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 4,674 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2023 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $695.00 | 584 |
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PROPERTY TAXES
| Parcel Number | 053-011-002 | Improvements Assessment | $85,848 (2023) |
| Land Assessment | $10,488 (2023) | Total Assessment | $96,336 (2023) |
PROPERTY TAXES
Parcel Number
053-011-002
Land Assessment
$10,488 (2023)
Improvements Assessment
$85,848 (2023)
Total Assessment
$96,336 (2023)
zoning
| Zoning Code | Commercial (RMF2 - Residential Multi-Family) |
| Commercial (RMF2 - Residential Multi-Family) |
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3413 Terminal Ct
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