Contacts
Bull Realty
Property Details
- Property Type Other
- Property Size 38,753 SF
- Units 48
- Lot Size 5.47 Acre
- Year Built 1958
- Date Updated Jun 17, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 20254 Weitz Replacement Cost (Construction cost only): $353/SF
- Acquisition CAP Rate: 12.2%
- Cash on Cash: 32.25%
- CoStar Southeast Sold Comps: $233/SF; subject property at $74.05/SF
- Debt Service Coverage Ratio: 1.88
- Financial Highlights (5-Year Hold)
- Forecast NOI: $395,694 (normalizing expenses to 75% of Gross Revenue)
- Gross Revenue: $1,995,746 (Actual)
- IRR: 73.54%
- List Price: $2,875,000.00
- Occupancy: 81.35% (Actual)
- Projected Sales Year 5: $5.54 million
- Property Highlights
- Property Qualifies for a SBA 504 Loan: 25-year term, 85% LTC, and 5.856% interest
- Revenue growth 5% per year
- Sales proceeds after expenses: $3.39 million
- Using Vacancy 22.5% Year 1, 15% Years 2-10
Attachments
Getting around
-
24/100
Walk Score ®
-
10/100
Bike Score ®
Location
- City Columbus, GA
- Zip Code 31909
- Market Columbus GA
Points of Interest
-
Walmart
0.85 miles
-
Chevron
0.93 miles
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Liberty
1.29 miles
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Circle K
1.37 miles
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Crown
1.41 miles
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Shell
1.60 miles
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ChargePoint
3.85 miles
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Mercy's Jamaican Kitchen - Parking
2.53 miles
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Fall Line Trace Parking
2.82 miles
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CVS Partking - Double Churches Rd
3.62 miles
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Parking - Whitesville Crossing
3.64 miles
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MCSD bus transfer station
5.88 miles
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Aflac - Visitor Parking
6.80 miles
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Communicorp Parking
6.85 miles
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Aflac Parking Garage
6.86 miles
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Aflac Parking
6.87 miles
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Aflac Parking - CSC/Tower
6.90 miles
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Candlewood Suites
1.21 miles
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Homewood Suites
1.45 miles
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Best Western Plus
1.92 miles
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Holiday Inn
2.06 miles
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Hampton Inn & Suites
2.06 miles
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Hyatt Place
2.11 miles
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Residence Inn Columbus
2.41 miles
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Country Inn & Suites
3.23 miles
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Microtel Inn & Suites by Wyndham Columbus North
3.25 miles
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Staybridge Suites Columbus - Fort Moore
3.50 miles
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Publix
0.38 miles
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Walmart Neighborhood Market
0.91 miles
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Sears
1.96 miles
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TJ Maxx
1.97 miles
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Kohl's
2.06 miles
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Acme
2.06 miles
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Ross
2.08 miles
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Marshalls
2.22 miles
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Walmart Supercenter
2.27 miles
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Winn-Dixie
2.54 miles
Bull Realty