2214 Gillionville Rd - Apartments FOR SALE
Albany, GA 31707 |
$6,950,000 USD
404-445-1090
2214 Gillionville Rd
Albany, GA 31707
HIGHLIGHTS
- LOCATION: Prime location near Albany State University, catering to students and faculty.
- STABLE RENTAL DEMAND: Consistent occupancy due to demand from both students and local professionals.
- GROWTH POTENTIAL: Albany’s expanding economy, including university growth, offers future growth opportunities for investors.
- AFFORDABLE HOUSING MARKET: Albany’s affordable housing market, combined with increasing demand, presents an excellent opportunity for long-term return
FOR SALE DETAILS
PRICE
$6,950,000 USD
PRICE/SF
$90 USD /SF
# OF UNITS
77
PRICE/UNIT
$90,260
CAP RATE
7.35%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
College Park Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2000
PARKING SPACES
200
LAND DETAILS
LAND ACRES
18.93 AC
LAND SF
824,591 SF
ZONING
R6
APN/PARCEL ID
00306-00001-08Y
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404-445-1090
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404-445-1090
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