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2575 Tobacco Road, Hephzibah, GA, 30815

San Sebastian Apartments

$1,930,000

Key Information

Cap Rate
7.97%
$ per SF
$87
Tot. SF
22,100
Lot Size
1.48 Acres
$ per unit
$74,231
Units
26
Year Built
1984 / 2020 (R)
Type
Apartments
Occupancy
88%
NOI
$153,787

Highlights

• 26-Unit Garden-Style Apartment Community built in 1984
• Unit Mix Comprised Entirely of Two-Bedroom, One-Bathroom Floor Plans
• Approximately 88% Occupied
• Current Average Rent: Approximately $870 per Unit | Market Rent: Approximately $935 per Unit
• Situated on Approximately 1.48 Acres
• Gross Building Area: Approximately 22,100 Square Feet
• Average Unit Size: Approximately 850 Square Feet
• Low-Density Community consisting of six residential buildings
• Consistent Unit Layouts support streamlined leasing, maintenance, and property operations
• All-Electric Property (No Gas Service)
• Copper Electrical Wiring
• Plumbing: Combination of Cast Iron and PVC
• No Section 8 Tenants
• All Units Include Washer/Dryer Connections (washer and dryer appliances are tenant-supplied)
• Each Unit Includes a dishwasher, range, range hood, and refrigerator
• Convenient Surface Parking located adjacent to the residential buildings

Photos

Location