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8938 UNIVERSITY Dr
Commerce, GA 30529
Multifamily Property For Sale · 17 Units

INVESTMENT HIGHLIGHTS

  • Heavy Lifting Complete: $9,800/unit invested in new roofs (2021), 13 new HVAC, all new water heaters and expansion tanks, PVC plumbing
  • Strong Demographics and Schools
  • 64.7% of units still able to be renovated with $180 premiums

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.64 AC
Building Size 17,060 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1961/2021
Zoning R - Residential

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 $1,050 950
2+1.5 9 $1,200 1,050

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C14-001
Land Assessment
$217,120
Improvements Assessment
$617,436
Total Assessment
$834,556
  • Listing ID: 29741816

  • Date on Market: 10/9/2023

  • Last Updated:

  • Address: 8938 UNIVERSITY Dr, Commerce, GA 30529

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