This property has sold.

Details: Multifamily

Asking Price: $975,000

Square Feet: 28,613 SF

Asking Cap Rate: 8.56%

Year Built: 19691971

NOI: $83,485

SOLD – 35 Unit Multifamily Portfolio – Augusta MSA

106 White Oak Exd, Thomson, GA


The Palomar Group is proud to present White Oak and Watson in Thomson, GA.​ This thirty-five unit multifamily portfolio consists of one, two, three and four bedroom units.​ Currently, the average rent is $465, which is below the market average in Thomson.​ All units are separately metered and and the tenants are responsible for utilities.​ These properties are currently 100% occupied, with the in-place income allowing the investor to realize cash flow immediately.​

106 White Oak Exd, Thomson, GA 30824

208 Watson St, Thomson, GA 30824


  • ​Substantial value add opportunity
  • ​Tenants paying utilities
  • ​100% occupied
  • ​13 buildings and 35 units
  • ​Great in place cash flow
  • ​Below market rents

This property has sold.