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1414 41st StColumbus, GA 31904
Park Court
Asset ClassMultifamily
# Units16
Year Built: 1970Access Data Room
16-Units | Built 1970 | Columbus, GA
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Overview

Franklin Street is pleased to present Park Court, a 16-unit multifamily community located in Columbus, Georgia. Constructed in 1970, the property features one-bedroom floorplans with an average unit size of approximately 500 square feet. Situated in one of Columbus’ established residential corridors, the property offers residents convenient access to major employment centers, educational institutions, healthcare providers, and a wide range of retail and recreational amenities. Its central location within the city provides strong appeal to workforce renters seeking affordability, accessibility, and proximity to daily conveniences.

 

Park Court benefits from its close proximity to Columbus State University, one of the region’s premier higher education institutions, as well as Piedmont Columbus Regional, one of the largest healthcare providers in West Georgia. The property is also located just minutes from Downtown Columbus, a vibrant mixed-use district featuring an expanding collection of restaurants, breweries, retail shops, entertainment venues, and cultural attractions. Notable destinations include the Columbus RiverWalk, the Springer Opera House, the RiverCenter for the Performing Arts, and Whitewater Express, home to the longest urban whitewater rafting course in the world.

 

The Columbus economy is anchored by a diverse mix of military, healthcare, education, manufacturing, and financial services employment. Nearby Fort Benning (Fort Moore) remains one of the largest military installations in the United States and serves as a significant economic driver for the region, supporting tens of thousands of military personnel, civilian employees, contractors, and military families. Additional major employers include Aflac, TSYS, Piedmont Columbus Regional, Columbus State University, and Pratt & Whitney, providing a stable employment base and consistent housing demand throughout the market.

 

Residents of Park Court enjoy convenient access to a variety of shopping and dining destinations, including Peachtree Mall, Midtown retail corridors, Publix, Walmart Neighborhood Market, and numerous local restaurants and service providers. The property is also located near several parks and recreational amenities, including Lakebottom Park, Cooper Creek Park, and the Chattahoochee River corridor. Furthermore, access to Interstate 185 provides connectivity throughout the Columbus metropolitan area and convenient travel to Atlanta, Montgomery, and other major Southeastern markets.

 

Collectively, Park Court offers investors the opportunity to acquire a well-located multifamily asset within a mature and highly accessible Columbus submarket. Supported by a diversified economic base, strong regional employers, nearby educational and healthcare institutions, and a broad range of lifestyle amenities, the property is well-positioned to benefit from the long-term stability and growth of the Columbus market.

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Unit Mix

Type
Units
Unit SF
Total SF
Market Rent
Rent/SF
1
1 Bed / 1 Bath
16
500 SF
8,005 SF
$650
$1.30
TOTAL
.
16
500 SF
8,005 SF
$650
$1.30
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1414 41st StColumbus, GA 31904

Atlanta Multifamily Investment Sales Team

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