905 A Friendship Dr - Apartments FOR SALE


Albany, GA 31701
$9,250,000 USD
404-445-1090
905 A Friendship Dr, Albany, GA for Sale
$9,250,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

905 A Friendship Dr
Albany, GA 31701


HIGHLIGHTS

  • 178 units built in 1973
  • Unit mix comprised of two- and three-bedroom floor plans, including (106) 2BR/1BA, (3) 2BR/1.5BA, and (69) 3BR/1.5BA layouts.
  • Gross Building Square Footage of ±156,640 SF
  • Average Unit: ±880 SF
  • Current Occupancy: 85%
  • Current Average Rent: $757 | Market Average Rent: $810

OVERVIEW

Broker of Record Maxx Bauman License # 80041 (GA), 451849 (GA) Matthews Real Estate Investment Services, Inc 3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305 (866) 889-0550

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$76 USD /SF

# OF UNITS

178

PRICE/UNIT

$51,966

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Gables Residential

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

25.63 AC

LAND SF

1,116,443 SF

ZONING

R6

APN/PARCEL ID

00212-00001-33N

ASK ABOUT THIS PROPERTY

Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.