About
About Peach Tree Townhomes
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 81-unit Peach Tree Townhomes apartment community located in Augusta, Richmond County, Georgia. This asset is strategically-located in the Southwest Augusta submarket, inside the I-520 loop and within 15 minutes of the Downtown Medical District’s 27K+ jobs and Fort Gordon’s 31K+ jobs. Built in 1969-1983 and made up entirely of classic units with limited renovations, Peach Tree Townhomes represents an outstanding value-add opportunity. In-place rents sit $165+ (16%) below the $1,029 comparable average and new ownership can capture much of this headroom through the addition of black appliances, faux granite counters, and other renovations. New ownership is further poised to benefit from extremely favorable market dynamics, as Augusta recently ranked 4th in the Southeast for rent growth and boasts 3.24% forecasted rent growth through 2031. Major investments in data infrastructure, healthcare, and energy are creating a powerful foundation for long-term economic and multifamily demand growth across the region.
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