5607 Whitesvil le RoadColumbus, GA 31904706 660 5418 telG2cre.com

For more informationDavid JacksonO: 706 660 5418 x203 | C: 706 587 8660djackson@g2cre.com

Rem BradyO: 706 660 5418 x202 | C: 706 536 0528rbrady@g2cre.com

Morningside Apartments4831 Warm Springs Road4831 Warm Springs RoadColumbus, Georgia 31909

Property Highlights• 4 - 8 Unit, 2 bedroom, two bath apartments.

Property DescriptionProven history located in north Columbus, GA within 3 miles of ColumbusState University

• This apartment community is 2 stories with 32 well maintained units. 4buildings, 8 units each building, each is a 1100 sq ft, 2 BR/2BA unit (allowingconversion to student apartments)

• Ample parking with a laundry in each unit, central HVAC, ceiling fans, andprivate front and rear patios

• Assumable non-recourse loan on property, fixed rate at 4.58% for the next8 years • Currently leased at below market rates allowing for rate increasesof +/- 5%

OFFERING SUMMARY

Sale Price $2,500,000

Number of Units 32

Lot Size 1.89 Acres

Building Size 32,640 SF

DEMOGRAPHICS

Stats Population Avg. HHIncome

1 Mile 5,488 $60,841

3 Miles 47,191 $61,212

5 Miles 120,910 $60,653

For Sale

Multifamily32,640 SF

5607 Whitesvil le RoadColumbus, GA 31904706 660 5418 telG2cre.com

For Sale

Multifamily32,640 SF

5607 Whitesvil le RoadColumbus, GA 31904706 660 5418 telG2cre.com

For Sale

Multifamily32,640 SF

5607 Whitesvil le RoadColumbus, GA 31904706 660 5418 telG2cre.com

For Sale

Multifamily32,640 SF

* Demographic data derived from 2010 US Census

Population 1 Mile 3 Miles 5 MilesTOTAL POPULATION 5,488 47,191 120,910

MEDIAN AGE 37.2 35.8 36.1

MEDIAN AGE (MALE) 36.2 35.3 34.9

MEDIAN AGE (FEMALE) 38.6 37.0 37.9

Households & Income 1 Mile 3 Miles 5 MilesTOTAL HOUSEHOLDS 2,312 19,862 49,016

# OF PERSONS PER HH 2.4 2.4 2.5

AVERAGE HH INCOME $60,841 $61,212 $60,653

AVERAGE HOUSE VALUE $146,913 $150,766 $148,302

Ethnicity 1 Mile 3 Miles 5 Miles% HISPANIC 7.7% 6.5% 5.5%

Race 1 Mile 3 Miles 5 Miles% WHITE 67.8% 66.3% 54.7%

% BLACK 24.7% 27.6% 40.3%

% ASIAN 4.0% 3.3% 2.4%

% HAWAIIAN 0.0% 0.0% 0.2%

% INDIAN 0.4% 0.3% 0.3%

% OTHER 3.1% 2.5% 2.4%

For Sale

Multifamily32,640 SF

5607 Whitesvil le RoadColumbus, GA 31904706 660 5418 telG2cre.com