Matthews Logo

Navigation Menu

2550 Wedgefield Court, Columbus, GA, 31903

Riverwalk Townhomes
$4,475,000

Key Information

Cap Rate
7.63%
GRM
6
$ per SF
$57
Tot. SF
77,825
$ per unit
$59,667
Units
75
Year Built
1968
Type
Apartments

Highlights

  • Recent renovations: 8 units recently updated with bathroom vanities, vanity light fixtures, ceiling fans, cabinet knobs, flat round LED fixtures, bath faucets, and doorknobs with rest of the units updated within the last 13 years. All windows also just replaced this year.
  • Stabilized operations: Stable occupancy and little to no bad debt making it immediately eligible for agency financing.
  • On-site amenities: Community pool, private outdoor patios/balconies for units and gated access.
  • Assumable Financing: In place assumable Freddie Mac loan with a 3.41% interest rate.
  • Washer & Dryer Connections: All of the two-bedroom units have in unit washer/dryer hookups.
  • Minutes to Downtown Columbus, Columbus Riverwalk, Columbus State University, and Fort Moore (biggest economic driver in Columbus with 45,000+ employees).

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203