2605 Jones Avenue, Columbus, GA 31904
Local realty services provided by:CENTURY 21 Premier Real Estate
Listed by: ashley wheeler
Office: g2 commercial real estate
MLS#:233877
Source:GA_CBR
Price summary
- Price:$3,500,000
- Price per sq. ft.:$2,149.88
About this home
Rare opportunity to acquire a pre assembled 61 unit rental portfolio in a single transaction, offering investors immediate scale, diversification, and multiple avenues for value creation. The portfolio includes a mix of single family and multifamily properties, providing a compelling combination of current rental income, high occupancy, and long term appreciation potential. With an approximate basis of just $57,000 per unit, the portfolio offers an attractive entry point for investors seeking meaningful rental housing scale without the time, expense, and complexity of assembling a portfolio one property at a time. High occupancy provides an established income base, while the existing portfolio offers significant potential for further growth. Value add opportunities include increasing rents toward market levels, completing targeted renovations, and implementing operational improvements to enhance property performance and overall portfolio value. The combination of a low basis, strong occupancy, and identifiable upside creates an attractive platform for both income growth and long term appreciation. Located near Fort Benning and major area employers, the portfolio benefits from proximity to established employment centers and sustained demand for affordable rental housing. Its scattered site structure provides additional diversification across properties and asset types, while allowing investors to acquire substantial rental housing scale through one transaction. The portfolio is offered as is, providing investors the opportunity to evaluate the existing assets and pursue their own renovation, management, and repositioning strategies. For investors seeking scale, an attractive price per door, high occupancy, diversification, and value add potential, this 61 unit portfolio represents a rare opportunity to acquire a substantial rental housing portfolio that is already assembled and operating, with meaningful opportunity to enhance performance and create additional value....
Contact an agent
Home facts
- Year built:1914
- Subdivision & Development:JONES LT
- Listing ID #:233877
- Added:1 day(s) ago
- Updated:August 29, 2026 at 03:03 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,628 sq. ft.
Structure and exterior
- Year built:1914
- Building area:1,628 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$2,149.88
New listings near 2605 Jones Avenue
- New
$189,900Active3 beds 3 baths1,920 sq. ft.6101 River Road, Columbus, GA 31904
MLS# 10835615Listed by: Keller Williams River Cities - New
$5,000Active2 beds 1 baths974 sq. ft.1116 Winston Road, COLUMBUS, GA 31903
MLS# 233893Listed by: KELLER WILLIAMS REALTY RIVER CITIES - New
$215,000Active3 beds 2 baths1,577 sq. ft.3381 Flintlock Drive, COLUMBUS, GA 31907
MLS# 233890Listed by: COLDWELL BANKER / KENNON, PARKER, DUNCAN & DAVIS - New
$215,000Active3 beds 2 baths1,493 sq. ft.6408 Villastone Drive, COLUMBUS, GA 31909
MLS# 233886Listed by: KELLER WILLIAMS REALTY RIVER CITIES - New
$325,000Active5 beds 3 baths2,346 sq. ft.6622 Hillbrook Avenue, COLUMBUS, GA 31909
MLS# 233889Listed by: KELLER WILLIAMS REALTY RIVER CITIES - New
$159,900Active-- beds -- baths1,971 sq. ft.Address Withheld By Seller, COLUMBUS, GA 31904
MLS# 233885Listed by: COLDWELL BANKER / KENNON, PARKER, DUNCAN & DAVIS - New
$99,500Active4 beds 2 baths1,204 sq. ft.831 Belvedere Drive, COLUMBUS, GA 31907
MLS# 233874Listed by: KELLER WILLIAMS REALTY RIVER CITIES - New
$89,900Active3 beds 1 baths1,080 sq. ft.2921 7th Street, COLUMBUS, GA 31906
MLS# 233876Listed by: COLDWELL BANKER / KENNON, PARKER, DUNCAN & DAVIS - New
$249,000Active3 beds 2 baths1,450 sq. ft.3053 Reese Road, COLUMBUS, GA 31907
MLS# 233878Listed by: CENTURY 21 PREMIER REAL ESTATE