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Warner Robins Portfolio

• Three property portfolio totaling 50-units • Cambridge - 131 Wall Street, Warner Robins, GA 30188 • Dellwood -101 Dellwood Cir, Warner Robins, GA 30188 • Shamrock - 404 Russell Pkwy, Warner Robins, GA 30188


Property Highlights:

Number of Units: 50 Units
Average Square Feet: 818 SF
Total Square Feet: 40,935 SF

Site Details

Site Size / Density: 3.7 Acres; 13.7 Units per Acre Parking: Ample

Investment Highlights:

  • The Warner Robins Multifamily Portfolio consists of three properties with 50 units.
  • The portfolio is located in Warner Robins, which is popular for higher paying jobs and soughtafter school system.
  • Properties benefit from “pride of ownership,” and feature attractive architecture with pitched roofs, exterior entry, and one- and two-bedroom floorplans.
  • Continued value add opportunity on remaining 18 units at Shamrock. All units renovated at Cambridge, but upside of $40 per unit by adding washer/dryer appliances (connections exist).
  • Located in a fast-growing affluent area of Houston County whose population grew by nearly 12% since 2010.
  • According to Environomics Analytics, the average income is $79,000 and median income is nearly $56,000 within a three-mile radius.
  • The Warner Robins multifamily submarket has a very limited pipeline, small inventory, and steady employment growth has contributed to more than 12% year-over-year rent growth. Vacancy has declined over the last few years and the metro’s 2.9% vacancy rate is one of the lowest in the state.
  • Houston County has one of Georgia’s top-rated school systems.
  • Recent announcements include Buc-ee’s, Pete’s $18M indoor green house expansion, and Frito-Lay manufacturing expansion.

To access more detailed information about this property such as the Offering Memorandum PDF or other documents please Log in or Register.

Contact Information


Barden Brown

Senior Managing Director
678-894-2221
barden@brownra.com

Mack Leath

Director
404-909-5171
mack@brownra.com