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Apartments For Sale • 42,750 SF
| Income-producing, rent-controlled 42-unit multifamily asset offers stable cash flow at 85.71% occupancy with revenue upside through lease-up. |
| Nine-building, garden-style layout with wood-frame construction on concrete slab supports long-term ownership efficiency and repositioning potential. |
| Balanced unit mix, including six one-bedroom, 20 two-bedroom, and 16 three-bedroom residences, broadens renter demand and supports diverse occupancy. |
| In-unit washer and dryer hookups, standard kitchen appliances, a shaded central courtyard, and ample perimeter parking enhance resident appeal. |
| Southwest Albany location near Albany Technical College, approximately five minutes to Downtown Albany and Southwest Georgia Regional Airport. |
| Supportive market fundamentals, including a 62% renter population, reinforce sustained demand for attainable housing and long-term upside. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Southwest Georgia Regional | 8 min | - | 3.0 mi |
Lee Malchow
Palomar Group
Lee Malchow
Palomar Group
