Pace Corners Apartments 1520 Gordon Hwy 76 Unité Immeuble d’appartements 7 993 212 $ CAD (105 174 $ CAD/Unité) 7,10% Taux de capitalisation Augusta, GA 30906

Colliers is pleased to present Pace Corners, a 76-unit value-add opportunity located in Augusta, GA. The asset consists soley of studio apartments and is strategically positioned between Augusta’s major employers. Following a comprehensive renovation in Q1 2025, this asset offers investors the opportunity to acquire a repositioned asset
with a clear path to stabilization.Pace Corners is located in Georgia’s second-largest metro area,home to over half a million residents and supported by a diverse
employment base across the healthcare, military, and cybersecurity sectors. The property is less than 10 minutes from downtown Augusta and ±15 minutes from Fort Gordon, placing it in close proximity to theregion’s primary employers and positioning the asset for continued strong rental demand.Current ownership has completed a full redevelopment, with ±$3.5 million invested into transforming the asset. Unit interiors were fullyrebuilt with new kitchens, new appliances, contemporary finishes,
new plumbing, and new electrical systems. Exterior improvementsaddressed all major capital components, including roofing, HVAC, andoverall site improvements.
With current occupancy at 85% and roughly $165 in monthly rental upside per unit, investors have the opportunity to focus solely on operational execution to unlock significant NOI growth.Pace Corners offers a straightforward path to stabilization, giving investors the ability to step into a fully renovated asset and focus
on execution from day one.