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Woodward Apartments 409 E Woodward St 36 Unit Apartment Building $4,857,335 CAD ($134,926 CAD/Unit) 9.30% Cap Rate Vienna, GA 31092
Investment Highlights
- Unit mix includes 2BR/1 BA and 3BR/1.5 BA layouts with modern amenities. 2BR/1BA Handicap.
- Strong in-place cash flow with opportunities for income growth.
- Positioned on 3.47 acres with ample parking and accessibility features.
Executive Summary
409 E Woodward Street presents an attractive investment opportunity in Vienna, Georgia, offering a 36-unit apartment community with strong in-place cash flow and full occupancy. The property spans a 3.47-acre site and is located within an Opportunity Zone, providing potential tax advantages for qualified investors.
Built in 1995, this garden-style and townhouses community features a mix of two and three-bedroom units. Each equipped with washer/dryer hookups, cable readiness, and wheelchair accessibility in select units. The property has been well maintained and benefits from stable tenancy, making it a reliable income-producing asset.
The location offers convenient access to local amenities and major transportation routes, supporting consistent rental demand. Available below market rent.
Built in 1995, this garden-style and townhouses community features a mix of two and three-bedroom units. Each equipped with washer/dryer hookups, cable readiness, and wheelchair accessibility in select units. The property has been well maintained and benefits from stable tenancy, making it a reliable income-producing asset.
The location offers convenient access to local amenities and major transportation routes, supporting consistent rental demand. Available below market rent.
Property Facts
| Price | $4,857,335 CAD | Building Class | B |
| Price Per Unit | $134,926 CAD | Lot Size | 3.47 AC |
| Sale Type | Investment | Building Size | 32,772 SF |
| Cap Rate | 9.30% | Average Occupancy | 100% |
| No. Units | 36 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1995/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | R-2 - Multi-Family/ Residential | ||
| Price | $4,857,335 CAD |
| Price Per Unit | $134,926 CAD |
| Sale Type | Investment |
| Cap Rate | 9.30% |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.47 AC |
| Building Size | 32,772 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2025 |
| Opportunity Zone |
Yes |
| Zoning | R-2 - Multi-Family/ Residential |
Amenities
Unit Amenities
- Cable Ready
- Washer/Dryer Hookup
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 862 |
| 2+1.5 | 14 | - | 862 |
| 3+1.5 | 20 | - | 949 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | V120000039A | Improvements Assessment | $665,150 CAD |
| Land Assessment | $19,263 CAD | Total Assessment | $684,412 CAD |
Property Taxes
Parcel Number
V120000039A
Land Assessment
$19,263 CAD
Improvements Assessment
$665,150 CAD
Total Assessment
$684,412 CAD
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Woodward Apartments | 409 E Woodward St
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