

Listed by Keller Knapp Realty
$2,300,000
2201 Walden Drive
Details
APN 0573062000
Property Type Multifamily
Sub Type Apartment Building
Units 18
Cap Rate 8.68%
NOI $199,681
Occupancy 72.22%
Pro-Forma Cap Rate 7.32%
Pro-Forma NOI $168,391
Class A
Year Built 1970
Year Renovated 2019 and 2022
Buildings 3
Stories 2
Acreage 1.160
Parking Spaces 20 per unit
Investment Type Stabilized
Ground Lease No
Well maintained 18 unit apartment complex. Centrally located with ample parking for tenants.
Marketing description
The Highlands is a well-maintained 18-unit multifamily community located at 2201 Walden Drive in Augusta, Georgia 30904. The property consists of three separate buildings, each comprising six townhouse-style units. Each residence features a spacious 2-bedroom, 1.5-bathroom layout with in-unit washer and dryer, updated kitchen and bathrooms and a private rear patio. Residents enjoy ample on-site parking directly in front of each unit, along with an open green area behind the buildings that enhances the community feel and outdoor living space. Conveniently located near Augusta's major employment hubs including AU Health / Augusta University Medical Center, University Hospital, and Fort Gordon, supporting strong rental demand across healthcare, education, and defense sectors. The Highlands presents an excellent opportunity for investors seeking a stable, income-producing asset with functional floor plans, strong rental appeal, and an established Augusta location.
Investment highlights
- Virtual Tour Link: https://theplan.media/media/download2.asp?F8239E3B641044C9A43F69D325404332
Listing Contacts


Listed by Keller Knapp Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$199,681.00
$16,640.08/mo
Valuation Metrics
0
DSCR
8.68%
Cap Rate
8.68%
ROI
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