Commercial - Albany, GA
This is an Excellent Investment Opportunity located less then 3 miles of Albany State University. This complex would be good for potential student housing. The rent has not been raised in 5 years. Therefore making this property a great opportunity for a potential cap rate increase. The units features eight-1 bedroom 1 bath, thirty two-2 bedroom 1 bath and ten -3 bedroom 2 bath. Property was recently included in the 100 year flood plain by new FEMA maps. Owner has elevation certificates for all 6 buildings. Serious inquiries only. Pre-approval letter from federally regulated lending institution (NOT A MORTGAGE COMPANY)
Would you like more information regarding this property?
Please call (404) 759-1328.
Data Provided by:
Georgia Multiple Listing Service