09/03/2026
JUST SOLD | Maxwell House | Augusta, GA
The Palomar Group is proud to announce the sale of Maxwell House in Downtown Augusta.
- 216 Unit LITC (Low-Income Housing Tax Credit) apartment community
- 1.76 AC
- 97,476 SF
- The property was 44% occupied at the time of sale, presenting the buyer with a significant lease-up and repositioning opportunity.
- Maxwell House also sits within a federally designated Qualified Opportunity Zone, offering the new ownership group potential tax incentives to support its planned reinvestment in the building.
"Maxwell House is a building with a lot of untapped potential, and this sale puts it in the hands of an owner ready to invest in that vision. We're excited to watch them turn Maxwell House into the asset it's capable of being." - Lee Malchow, Vice President at The Palomar Group