Columbus Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Columbus, Georgia
Columbus: In the Spotlight
Columbus, Georgia, is located 107 miles from the Capital city of Atlanta and is part of the Columbus, Georgia Metropolitan Statistical Area. The population of Columbus is just over 195,000, making it the 3rd most populous city in the State. It also covers about 221 square miles. Columbus is the birthplace of the now world famous Coca-Cola soft drink and is one of the few cities in the United States that was actually pre planned prior to being founded.
- The unemployment rate is moderate, around 4.2%.
- The median household income is $46,408.
- The median age in Columbus is 32 years old
- Columbus employs over 116,000 residents
Columbus Apartment Loan and Multifamily Property Facts
Columbus 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.
- Columbus has a relatively high vacancy rate of around 8.9% across all rental properties
- There has been a marginal rent decrease, to $862 per month from the last year.
- The homeownership rate is roughly 48%, which leaves around 52% of residents looking for rental properties.
Although 2020 was a difficult time in Columbus, 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.
Columbus Apartment Loan and Lending Options
In Columbus, Georgia there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- 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!
Finance Your Columbus Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Columbus, 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 Columbus 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 Columbus Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.