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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
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • M61-013
  • M61-015
Land Assessment
$97,660
Improvements Assessment
$1,627,140
Total Assessment
$1,724,800

ZONING

Zoning Code RESIDENTIAl (multifamily)
RESIDENTIAl (multifamily)
  • Listing ID: 27129051

  • Date on Market: 11/16/2022

  • Last Updated:

  • Address: 406 S Wilkinson St, Milledgeville, GA 31061

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