Wynnton Crossing II

The Wynnton Crossing II Apartments represent an excellent soon-to-be stabilized property situated in established Southeast Columbus, GA. The subject property features excellent visibility from Martin Luther King, Jr. Blvd. as well as quick access to downtown Columbus (approx. 1.6 miles) and Interstate 185 (approximately 3 miles). Wynnton Crossing II Apartments provides convenient interstate airport access with an approximate 1.5 hour drive to Atlanta's Hartsfield-Jackson International Airport and a mere 15 minute drive to the Columbus Airport which is serviced by Delta Airlines and American Airlines, as well as a number of charter and private aviation options. Columbus is the fourth (4th) largest city in Georgia and is part of the Columbus-Auburn-Opelika Combined Statistical Area which has a current estimated population of 499,128 people and is approximately 95 miles due south of Atlanta Hartsfield-Jackson Internatial Airport. Columbus is home to many major employers, including AFLAC insurance, Kia Motors Manufacturing, Pratt & Whitney, Anthem Blue Cross Blue Shield, TYSY Global Payments, Hyundai Transys Powertrain Systems, Hostess Brands and Synovus Financial Services. Columbus is also home to Fort Benning, a United States Army post that supports more than 120,000 active-duty military, family members, reserve component soldiers, retirees and civilian employees on a daily basis. Columbus is experiencing high growth and the surrounding area has had twice the average growth rate for the state of Georgia since 2010 and has an available workforce of approximately 250,000 workers within a 60-mile radius and 83,000 students pursuing higher education at 7 colleges and universities located in the area.The Wynnton Crossing II Apartments represents an excellent value-add multifamily investment opportunity located in Columbus, Georgia. The subject property consists of a total of ten (10) units consisting of four (4) 2BR/1BA units and six (6) 3BR/1BA units housed in a single garden-style, two-story walk up building with brick exterior facades. HUD's fiscal year 2025 Small Area Fair Market Rents (SAFMRs) of $930 per month for 2BR units and $1,240 per month for 3BR units in the subject property zip code presents significant upside potential for the value add investor to raise rents. Recent renovations of the subject property, including the addition of central heat and air, offer lower costs of operations and maintenance as well as ease of management.