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34272434
34272433

208 Zoey Way, Tifton, GA 31793

JB
GA 311233
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
Unpriced
1 day on market
Updated 1 day ago

2017 The Stables 240-Bed Student Housing Tifton GA

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 88,380
Units 60
Beds 240
NOI $882,777
Occupancy 90%
Tenancy Multi
Class A
Year Built 2017
Buildings 3
Investment Type Stabilized

2017 I 240-Bed Student Housing I Record Enrollment Growth for Last 3 Years

Marketing description

Marcus & Millichap is proud to present "The Stables" student housing property located in Tifton Georgia.

The Stables is a 60-Unit, 240-Bed asset built in 2017 which boasts an amenity package and bed/bath parity un-matched by on-campus student housing and provides for the housing needs of students attending the University of Georgia/Tifton and the Abraham Baldwin Agricultural College. Both of these schools are situated only one (~1) mile to the east and to the northeast.

The Stables is the only off-campus, purpose-built, student housing in Tifton Georgia.

Offered with new, assumable CMBS debt available at 6.35% that is Interest Only for the entire term and is due in 2031.

Investment highlights

  • 3-Year Record Enrollment Growth & Record Freshman enrollment in August 2025 is rolling to off-campus housing in their Sophomore year - August 2026/2027

  • Abraham Baldwin Agricultural College (ABAC) reached a historic, record-high enrollment of 4,071 students for the Fall 2025 semester, marking a 6.4% increase and the third consecutive year of growth.

  • Fall 2025 Enrollment: 4,071 students. (of those 750 Fall 2025 Freshman will now be able to live off-campus for the August 2026/27 school year.)

  • The college, which is ranked #16 in Top Public Schools, serves students primarily in agriculture and natural resources with a 23:1 student-faculty ratio

  • Historic Growth: Fall 2025 saw the highest opening-day enrollment in the college's 117-year history, indicating a positive trajectory for 2026

  • Focus on Bachelor Degrees: More than half of the student body is now pursuing four-year degrees, a trend expected to continue with new programs in nursing and agricultural education.

  • Regional Demand: The institution is seeing high interest, with significant representation from Georgia counties and neighboring Florida

  • Immediate sub-market and COMP properties are sub-3% Vacancy

  • Offered with new, assumable CMBS debt available at 6.35% that is Interest Only for the entire term and is due in 2031

Listing Contacts

JB
GA 311233
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta

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$882,777.00
$73,564.75/mo

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Map

Zoning

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M-R ResidentialMulti FamilyMultiple Residential
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Last updated Jan 29, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
John Leonard
License
252904
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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