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2575 Tobacco Rd
Hephzibah, GA 30815 Windsor Spring

$1,930,000 USD

Apartments For Sale  •  21,632 SF

Property Details

  • Property Type Apartments
  • Total Building Size 22,100 SF
  • Lot Size 1.48 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 7.97 %
  • Zoning B-2 (Richmond County)
40 Walk Score

Highlights

26-unit garden-style community built in 1984 with recent 2020/2022/2025 renovations
Approximately 88% occupied with 7% upside to market rent of ~$935/unit
7.97% current cap rate | 8.50% stabilized cap rate at $74,231 per unit
Approximately 15 minutes from Fort Gordon, a major regional employment driver
All two-bedroom, one-bathroom units averaging approximately 850 square feet
Average household income of approximately $84,845 within one mile
Cap Rate: 7.97 %

Major Tenants

Tenant SF Occupied Lease End Date
Augusta Rental Homes - San Sebastian Apartments

Amenities

  • 24 Hour Access
  • Microwave
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Online Services
  • Walk-Up
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Augusta Regional at Bush Field 20 min - 9.0 mi
Connor Kerns 404-445-1090 Matthews Real Estate Investment Services
Connor Kerns 404-445-1090 Matthews Real Estate Investment Services