Pine Ridge Apartments
Multifamily | 232 Units | $77,586/unit
Marketing description
Pine Ridge Apartments is a 232 unit multifamily apartment complex that has seen significant capital improvements to both the interior and exterior components of the property, positioning itself at the top of the submarket with room to organically increase rents to market.
Albany, GA is a dynamic and growing market with a favorable business climate and strong economic fundamentals. The city’s strategic location and access to major highways make it an ideal hub for business and industry. With continued investment and job growth, Albany offers significant opportunities for real estate investment and development.
Boasting 96% occupancy and large floor plans, Pine Ridge Apartments is a compelling investment opportunity in a thriving market. The recent capital improvements, combined with strong rental growth potential and strategic location near key employment centers, position this property for continued success and value appreciation. Enjoy the benefits of fixed-rate assumable financing and high demand in the market. Don't miss the chance to own this cash-flowing property with growth potential.
For all inquiries: Please contact Jeremy Wallace at:
C: 815-600-1588
Investment highlights
$3mm+ in Capital Expenditures Recently Invested in the Property
Large Floor Plans with Room to Further Increase Rents on Renewals
Over 90% of Units Fully Renovated
96% Occupied with Strong In-Place Operations
Attractive Assumable Loan (See OM for details)
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
