fully occupied duplex & quadplex · property highlights • two properties being sold together:...

MeybohmCommercial.com3519 Wheeler Road, Augusta, GA 30909

706.736.0070

FULLY OCCUPIED DUPLEX & QUADPLEX212 & 214 Ellis Street, Augusta, GA 30901

Jonathan Aceves, MBA | 706.294.1757 | [email protected]

John Eckley, MBA, Civil Eng. | 803.428.7111 | [email protected]

Danielle Meikrantz | 706.284.8359 | [email protected]

FOR SALE


706.736.0070




PROPERTY HIGHLIGHTS

• Two properties being sold together: 212 is a duplex and 214 is a quad-plex

• Shared driveway and parking behind buildings

• All six units are currently occupied - property is not able to be toured until under-contract

• Historic details and charm throughout all units

• Located in the opportunity zone

OFFERING SUMMARY

Sale Price: $365,000

Building Size: 6,389 SF

Lot Size: 0.27 Acres

Price / SF: $57.13

Year Built: 1918

Market: Olde Town

FULLY OCCUPIED DUPLEX & QUADPLEX

F O R S A L E


706.736.0070




PROPERTY DESCRIPTION

Meybohm Commercial is proud to present two historic properties on Ellis

Street being sold together.

LOCATION DESCRIPTION

Located on the 200 block of Ellis St. between Broad and Greene Streets. in Historic

Olde Town, Downtown Augusta’s residential neighborhood. Just a couple blocks to

the Savannah River, 2 minutes from the Central Business District, 10 blocks from the

Cyber Center, 5 minutes from AU/MCG and medical district, 20 minutes from Fort

Gordon. The neighborhood features a very active neighborhood association, many

local businesses including law practices and inns, Christ Community Health Services

in the Historic Widow's Home, and Heritage Academy, a neighborhood school

located in the beautifully renovated old Houghton School building. Amazing walkable

community with median parks, many sidewalks, and a diverse group of neighbors

including many young families, students, professionals, etc. - folks from all walks of

life.


F O R S A L E

ZIP CODE:30901Security Deposits

-$

UNIT # TENANT'S NAME

SQ FEET (APPROX.)

Unit Type

Current Rent Rent/SF Market

RentMarket Rent/SF

Loss to Lease

LEASE EXPIRATION OR

MTM

Security

DepositCOMMENTS

212 A Smith-Bailey 1,014 1/1 485.00$ $0.48 $799.00 $0.79 314.00$ 02/28/19 TC - Expires Aug 2021212 B King 1,460 1/1 600.00$ $0.41 $799.00 $0.55 199.00$ 06/30/20214 A Frazier 680 1/1 560.00$ $0.82 $799.00 $1.18 239.00$ 05/31/20214 B Johnson 680 1/1 600.00$ $0.88 $799.00 $1.18 199.00$ 09/30/20216 A Adams 1,260 2/1 583.00$ $0.46 $899.00 $0.71 316.00$ 04/30/19 TC - Expires Aug 2021216 B Peterson 1,295 2/1 716.00$ $0.55 $899.00 $0.69 183.00$ 04/30/20

6,389 3,544.00$ $4,994.00 1,450.00$ -$

6,389 0.55$ 0 50.00%

212 & 214 Ellis Street Augusta GATOTAL SF: Average Rent/SF # OF UNITS: CURRENT OCCUPANCY:

212 and 214 Ellis StreetOWNER: DATE:Olde Town Properties 05/15/20PROPERTY ADDRESS: CITY: STATE:


706.736.0070





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212 ELLIS STREET - DUPLEX

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214/216 ELLIS STREET - QUADPLEX

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212 ELLIS STREET - A

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212 ELLIS STREET - B

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POPULATION 1 MILE 3 MILES 5 MILES

Total Population 3,931 28,287 74,285

Average age 36.4 36.2 36.9

Average age (Male) 33.4 33.7 35.0

Average age (Female) 40.2 38.7 38.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 1,586 11,858 30,823

# of persons per HH 2.5 2.4 2.4

Average HH income $38,405 $37,873 $43,753

Average house value $191,206 $160,455 $134,697

* Demographic data derived from 2010 US Census


F O R S A L E


706.736.0070




JONATHAN ACEVES, MBA

PROFESSIONAL BACKGROUND

Jonathan serves as a commercial sales and leasing agentwith Meybohm Commercial. Originally licensed in 2005,Jonathan specializes in downtown development,multifamily brokerage, land site selection anddevelopment, and business analysis. Jonathan served asthe Administrator of Christ Community Health Servicesyears, overseeing finance and operations for a communityhealth center employing 60 staff and serving over 20,000patients annually. He earned his BBA and MBA fromAugusta University. Jonathan lives downtown in the OldeTown neighborhood with his wife and five children. He haslived in Augusta for over 23 years, has served as a deaconat First Presbyterian Church, and is an active part of theOlde Town Neighborhood Association.

T 706.294.1757

[email protected]

GA #285735

SC #90747

JOHN ECKLEY, MBA, CIVIL ENG.


John serves as a commercial sales and leasing agent withMeybohm, and specializes in commercial sales and leasing,land sales, and business analysis. John earned both his BSin Civil Engineering and his MBA from Clemson University.He is a former water and wastewater engineer withJordan, Jones, and Goulding (now Jacobs), where heparticipated in the design and construction of multipletreatment plants and pipeline systems. More recently, hehas worked in roles providing marketing services, smallbusiness consultation, and outside sales services, and lovesusing this acquired mix of expertise to serve thecommercial real estate industry in the CSRA. John is amember of First Presbyterian Church and lives downtownin the Olde Town neighborhood (in the first new homebuilt there in decades) with his wife, two sons anddaugther, where they have resided for the past sevenyears. He serves as treasurer of the Olde TownNeighborhood Association, is a member of the HeritageAcademy Junior Board, and serves on the board ofdirectors for Saving Grace in Uganda, a street children’sministry in East Africa.

T 803.428.7111

[email protected]

DANIELLE MEIKRANTZ


T 706.284.8359

[email protected]

GA #401159


F O R S A L E

fully occupied duplex & quadplex · property highlights • two properties being sold together:...

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