Augusta Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Augusta, Georgia
Augusta: In the Spotlight
Augusta, Georgia, is located 145 miles from the Capital city of Atlanta and is part of the Augusta-Richmond County, GA-SC Metropolitan Statistical Area. The population of Augusta is just over 201,000, making it the 2nd most populous city in the State. It also covers about 306 square miles. Augusta had been designated the capital of Georgia not once, but twice in the past and is the home of the Masters Golf Tournament.
- The unemployment rate is incredibly low, around 3.7%.
- The median household income is $42,592.
- The median age in Augusta is 33 years old
- Augusta employs over 176,000 residents
- Augusta has a relatively high vacancy rate of around 11.3% across all rental properties
- There has been a marginal rent increase, to $923 per month from the last year.
- The homeownership rate is roughly 52%, which leaves around 48% of residents looking for rental properties.
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Augusta Apartment Loan and Multifamily Property Facts
Augusta is part of the Georgia market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in Augusta, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Augusta Apartment Loan and Lending Options
In Augusta, Georgia there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your Augusta Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Augusta, GA. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Augusta is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Augusta Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.