3656 Browns Bridge Rd - Apartments FOR SALE
Gainesville, GA 30504 |
$9,500,000 USD
404-654-2347
3656 Browns Bridge Rd
Gainesville, GA 30504
HIGHLIGHTS
- Milken Institute’s #1 top performing small metro area in the country (2025)
- $114K Avg. HHI 1-mile radius, $75k MHHI 1-mile radius
- 26 Classic units remain with a $108 proven premium on fully renovated units
- Since 2022 $900,000 ($13.6k/unit) has been spent in CapEx towards asset preservation, curb appeal, and resident experience
- 24% of floorplans are highly desirable two-story townhome units
- Efficient operations thanks to in-place management headquartered 10 minutes away
FOR SALE DETAILS
PRICE
$9,500,000 USD
PRICE/SF
$180 USD /SF
# OF UNITS
66
PRICE/UNIT
$143,939
CAP RATE
6.09%
% LEASED
90%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pinebrook Place
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2006
PARKING SPACES
120
LAND DETAILS
LAND ACRES
7.84 AC
LAND SF
341,704 SF
ZONING
PRD
APN/PARCEL ID
08-00034-01-002
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404-654-2347
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404-654-2347
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