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2214 Gillionville Rd
Albany, GA 31707

$6,950,000 USD

Apartments For Sale  •  77,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 77,000 SF
  • Lot Size 18.93 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 7.35 %
  • Zoning R6
0 Transit Score
10 Walk Score

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
Cap Rate: 7.35 %

Amenities

  • 24 Hour Access
  • Dishwasher
  • Laundry Facilities
  • Volleyball Court
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Wi-Fi
  • Roommate Matching
  • Walk To Campus
  • Individual Leases Available

Public Transportation

AirportDriveWalkDistance
Southwest Georgia Regional 11 min - 4.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 200
Type: Surface
Included in Rent: Yes
Connor Kerns 404-445-1090 Matthews Real Estate Investment Services
Connor Kerns 404-445-1090 Matthews Real Estate Investment Services