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The Gables Residential 905 A Friendship Dr 178 Unit Apartment Building $9,250,000 ($51,966/Unit) Albany, GA 31701
Investment Highlights
- 178 units built in 1973
- Gross Building Square Footage of ±156,640 SF
- Current Occupancy: 85%
- Unit mix comprised of two- and three-bedroom floor plans, including (106) 2BR/1BA, (3) 2BR/1.5BA, and (69) 3BR/1.5BA layouts.
- Average Unit: ±880 SF
- Current Average Rent: $757 | Market Average Rent: $810
Executive Summary
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
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
Property Facts
| Price | $9,250,000 | Apartment Style | Garden |
| Price Per Unit | $51,966 | Building Class | C |
| Sale Type | Investment | Lot Size | 25.63 AC |
| No. Units | 178 | Building Size | 156,652 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1973 |
| Zoning | R6 | ||
| Price | $9,250,000 |
| Price Per Unit | $51,966 |
| Sale Type | Investment |
| No. Units | 178 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 25.63 AC |
| Building Size | 156,652 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Zoning | R6 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Kitchen
- Oven
- Range
- Carpet
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Public Transportation
- Individual Locking Bedrooms
- Walk-Up
- Smoke Detector
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00212-00001-33N | Improvements Assessment | $709,360 |
| Land Assessment | $85,360 | Total Assessment | $794,720 |
Property Taxes
Parcel Number
00212-00001-33N
Land Assessment
$85,360
Improvements Assessment
$709,360
Total Assessment
$794,720
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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The Gables Residential | 905 A Friendship Dr
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