Description
Auben Realty is pleased to offer a fantastic investment opportunity at 1927 and 1925 Central Avenue in Augusta, GA 30904, located near the Medical District and Augusta University. This property is ideal for short-term student rentals, being just a 5-minute drive from the Medical District and Augusta University. It is also a great option for Masters Rentals, as it is just 4 minutes from the Masters Golf Tournament. In this prime location, you will find that you are close to everything Augusta has to offer. The rates for these units are currently below market, and there is a low vacancy rate with only two units remaining. The property at 1927 Central Avenue has 28 units, and the property at 1925 Central Avenue has 1 unit. Both properties are being sold as a package, with a total of 29 units. Located in an Opportunity Zone! Appliances included with each unit are a refrigerator, dishwasher, electric stove, electric water heater, electric furnace, and all electric. The tenants pay electricity. The owners pay water/sewer/trash, but in return the tenants pay a $55 utility fee.
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57BEDS
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1.25ACRES
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29BATHS
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01/2 BATHS
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26,720SQFT
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$120$/SQFT
School Information
Description
Auben Realty is pleased to offer a fantastic investment opportunity at 1927 and 1925 Central Avenue in Augusta, GA 30904, located near the Medical District and Augusta University. This property is ideal for short-term student rentals, being just a 5-minute drive from the Medical District and Augusta University. It is also a great option for Masters Rentals, as it is just 4 minutes from the Masters Golf Tournament. In this prime location, you will find that you are close to everything Augusta has to offer. The rates for these units are currently below market, and there is a low vacancy rate with only two units remaining. The property at 1927 Central Avenue has 28 units, and the property at 1925 Central Avenue has 1 unit. Both properties are being sold as a package, with a total of 29 units. Located in an Opportunity Zone! Appliances included with each unit are a refrigerator, dishwasher, electric stove, electric water heater, electric furnace, and all electric. The tenants pay electricity. The owners pay water/sewer/trash, but in return the tenants pay a $55 utility fee.
IDX information © 2023 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Young & Partners. Data last updated 2023-03-20T07:55:52.65.