936 Hickman Rd, Augusta, GA 30904

Back on the market and ready for its next investor with greatly improved rent rates, higher NOI, & greater investor returns. We are proud to present this truly one-of-a-kind Historic Apartment complex, located in the Summerville neighborhood of Augusta, GA. Comprising of five buildings built between 1906 and 1931, and located between the Augusta University Campus in Summerville and the Medical District, the complex is perfect for Students and Medical professionals. This multi-family portfolio has 34 leasable units with only 2 vacancies at the time of listing. There is a value-add opportunity with an additional 4 units that are ready to be renovated. Sitting on "The Hill", the property features stunning views of Downtown Augusta, and is located next to the Historic Partridge Inn, now a Hilton Hotel. The property also features a value-add component, as four of the units are awaiting renovation, including two 2-Bedroom penthouses. The rest of the units could also be repositioned to increase rents to compete with Canalside and Ironwood Apartments and focus on medical professionals and students.  « show less

Back on the market and ready for its next investor with greatly improved rent rates, higher NOI, & greater investor returns. We are proud to...  show more »