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100 S Jefferson St
Albany, GA 31701

$1,700,000 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
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

100_S_Jefferson_Apt_Appraisal_2022

100 S Jefferson St Albany GA_ Sales_Brochure_Dec

Financial Summary (Proforma)

Net Operating Income: $128,987 USD (2024)

Total Expenses:

$36,613 USD

Amenities

24 Hour Access
Balcony
Courtyard
Fenced Lot
Garden

Public Transportation

Airport	Drive	Walk	Distance
Southwest Georgia Regional	11 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

100 S Jefferson St Albany, GA 31701