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Investors seeking to expand their portfolio will find this three-unit multifamily apartment building a practical addition in the Augusta, Georgia market. Situated at 1526 Stovall Street, the property provides a straightforward residential income opportunity. Augusta maintains a stable regional economy anchored by a diverse mix of medical, educational, and manufacturing employers, making it a consistent environment for rental demand. The city benefits from its positioning along major transportation arteries, providing residents with reliable connectivity throughout the metro area. As an established asset type, this apartment building is well-positioned for traditional long-term rentals or similar residential income strategies. The three units offer a manageable scale for localized management while leveraging the steady population growth observed across the broader region. Prospective buyers should consider the utility of these residential units for capturing consistent rental revenue within a well-established submarket of the city.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.