406 S Wilkinson St | Milledgeville, GA 31061
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- LoopNet Team
406 S Wilkinson St
Milledgeville, GA 31061
The Haven | Value Add Student Housing · Multifamily Property For Sale · 37 Units
INVESTMENT HIGHLIGHTS
- 93.9% Occupied and 75.6% Pre-Leased for Fall 2023 with average rents at $612/ bed
- Under rented by over $200/ bed on their 2BR floorplans & $150/ bed on their 3BR floorplans
- Assumable non-recourse debt with Fannie ~ 4.47%, 30 year AM and August 2029 Maturity Date
- 3 Blocks from GCSU & 2 Blocks from Downtown Milledgeville
- Features include tile floors in the common area, carpet in the bedrooms, dark wood cabinets and black appliances
PROPERTY FACTS
| No. Units | 37 | Lot Size | 0.58 AC |
| Property Type | Multifamily | Building Size | 50,640 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Townhome | No. Stories | 2 |
| Building Class | C | Year Built | 2006 |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 50,640 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 2006 |
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Hardwood Floors
- Refrigerator
- Tub/Shower
- Carpet
- Wi-Fi
- Dining Room
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 29 | - | - |
| 3+4 | 8 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,627,140 | |
| Land Assessment | $97,660 | Total Assessment | $1,724,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$97,660
Improvements Assessment
$1,627,140
Total Assessment
$1,724,800
ZONING
| Zoning Code | RESIDENTIAl (multifamily) |
| RESIDENTIAl (multifamily) |
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