What is the asking price for 76-unit value-add opportunity located in Augusta, Georgia?

Please use the contact form to get in touch with a broker and find out more about renting space here.

What is the total size of 76-unit value-add opportunity located in Augusta, Georgia?

The property has a total square footage of 28,406 SF.

When was this property built?

76-unit value-add opportunity located in Augusta, Georgia was built in 1963.

How many parking spaces are available at 76-unit value-add opportunity located in Augusta, Georgia?

Parking information for the property isn't currently listed. However, other nearby parking options include Goss Lane Parking Deck (CP)- Parking #04, located 2.38 miles away , and Richard Algernon Dent Boulevard Parking Deck (CT), which is 2.40 miles away.

1520 Gordon Hwy, Augusta, GA 30906

For Sale Contact for pricing
Property Type Other
Property Size 28,406 SF
Lot Size 2.95 SF
Year Built 1963
Year Renovated 2025
Date Updated May 12, 2026

Description

The asset consists soley of studio apartments and is strategically positioned between Augusta’s major employers. Following a comprehensive renovation in Q1 2025, this asset offers investors the opportunity to acquire a repositioned asset with a clear path to stabilization.

Pace Corners is located in Georgia’s second-largest metro area, home to over half a million residents and supported by a diverse employment base across the healthcare, military, and cybersecurity sectors. The property is less than 10 minutes from downtown Augusta and ±15 minutes from Fort Gordon, placing it in close proximity to the region’s primary employers and positioning the asset for continued
strong rental demand.

Current ownership has completed a full redevelopment, with ±$3.5 million invested into transforming the asset. Unit interiors were fully rebuilt with new kitchens, new appliances, contemporary finishes,
new plumbing, and new electrical systems. Exterior improvements addressed all major capital components, including roofing, HVAC, and overall site improvements.

With current occupancy at 85% and roughly $165 in monthly rental upside per unit, investors have the opportunity to focus solely on operational execution to unlock significant NOI growth. Pace Corners offers a straightforward path to stabilization, giving investors the ability to step into a fully renovated asset and focus on execution from day one.

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