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100 S Jefferson St
Albany, GA 31701

$1,650,000 USD

Apartments For Sale  •  15,819 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,819 SF
  • Lot Size 0.61 AC
  • Building Class B
  • Year Built 1970
  • Cap Rate 7.82 %
  • Zoning C2
0 Transit Score
48 Walk Score

Highlights

100 S Jefferson St is a 21-unit multi-family investment asset in a consumer-driven corridor three minutes from Albany State University.
100% Occupied units with Studio, twelve 1-bedroom and six 2-bedroom units.
Albany has a diversified economy including companies like Proctor & Gamble, Miller Coors and Mars Chocolate of North America.
Surrounded by national retailers and servicers, including Hilton Garden Inn, Days Inn by Wyndham, KFC, Truist, and more.
ASSUMABLE LOAN AT 5% Interest amortized over 25 years, fixed rate of interest of 5%. 22 more years remaining. Balance of $988k.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $128,987 USD (2024)
Cap Rate: 7.82 %
Total Expenses: $36,613 USD

Amenities

  • 24 Hour Access
  • Balcony
  • Courtyard
  • Fenced Lot
  • Garden

Public Transportation

AirportDriveWalkDistance
Southwest Georgia Regional 10 min - 4.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ramesh Ramchandran 678-313-3034 Virtual Properties Realty
Ramesh Ramchandran 678-313-3034 Virtual Properties Realty