Clara Point Apartments

300 Applecross Drive, Augusta, GA 30907

56-unit apartment complex right off Washington Road in Augusta, GA
This is a value-add opportunity
The loan is assumable with a 4% interest rate. 8 years of remaining term
14 renovated units
80% of HVAC’s and water heaters have been replaced
The roofs are 2 years old
Located in Columbia County
Lakeside School District
Traffic count of over 35,000 on Washington Road
In addition to the 56 units, there is a laundry room and storage shed on site

Lee Malchow