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Executive Summary

NAI G2 Commercial Real Estate is pleased to present the Columbus 4 Portfolio for sale, a four-property, 148-unit multifamily portfolio located entirely within Columbus, Georgia. Offered at $10,400,000 ($70,270.27 per unit), this portfolio represents a rare opportunity to acquire a stabilized, income-producing multifamily portfolio in one of the Southeast’s most resilient and employer-anchored markets. The portfolio generated $769,574 in Net Operating Income in 2025 on a current occupancy of 95.9%, reflecting a going-in cap rate of 7.39%.
The four properties, Cooper Cove Apartments, Fox Run Townhomes, Sheffield Drive Apartments, and Talbotton Road Apartments, span four distinct Columbus neighborhoods, offering investors geographic diversification within a single metropolitan market. Each property benefits from the economic stability generated by Fort Moore (formerly Fort Benning), the largest single-site employer in the state of Georgia with a $5.6 billion annual economic impact, as well as major private-sector employers including Aflac, TSYS/Global Payments, Synovus Financial, Pratt & Whitney, and Piedmont Columbus Regional Healthcare.
The portfolio is currently self-managed, presenting a clear path to operational improvement through professional third-party management. Current in-place rents across the portfolio average $800 per unit, meaningfully below comparable market rents in the Columbus area, offering a significant value-add opportunity through incremental rent growth with minimal capital expenditure required. With the rental comps in the area, a rental increase of over $100 to $200 per unit is achievable across the portfolio, giving the next owner a compelling value-add opportunity with minimal capital expenditures.
Three of the four properties have received new roofs within the past several years, and multiple properties feature new HVACs and updated mechanical systems. Cooper Cove Apartments also presents a unique development opportunity through additional land and an unused building slab capable of supporting up to 12 new units across two new buildings, an upside not reflected in the current asking price.

Property Facts

Price $14,280,240 CAD
Price / SF $115.99 CAD / SF
Cap Rate 7.39%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 123,116 SF
Total Land Area 3.04 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Cooper Cove Apartments
4770 Milgen Rd, Columbus, GA 31907
Multifamily 51,912 SF 1977 -
Fox Run Townhouses
6425 Flat Rock Rd, Columbus, GA 31907
Multifamily 35,200 SF 2000 -
Talbotton Road Apartments
1410 Talbotton Rd, Columbus, GA 31901
Multifamily 22,130 SF 1962 -
Sheffield Garden Apartments
1824-2020 Sheffield Dr, Columbus, GA 31907
Multifamily 13,874 SF 1970 -
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  • Listing ID: 40161760

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: Columbus 4 Portfolio, Columbus, GA

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