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Multifamily

Springhill Apartments

1725 Spring Hill Pl, Valdosta, GA 31601

Listing Price: Request For Offer

Number of Units
18
Occupancy
97.0%

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Springhill Apartments, a 2023-built, 18-unit apartment community situated on 1.15 acres and located in Valdosta, Georgia. The asset has an outstanding opportunity to acquire a brand-new constructed asset, with a very advantaged location in Valdosta.

* Located at GROUND ZERO for retail, restaurants, The University, and Interstate 1-75, this location is tough to beat for a market-rate property.

* With occupancy levels at 100% since CO, the rents are poised to go from $1,400 for the 2x2 to $1,500 in the July renewal time frame.

* 18-units of 2x2’s at 920 SF per unit.

* Stained concrete floors for fashion and low maintenance.

* In-unit Washer & Dryer

Investment Highlights

  • This Infill Location is Ground Zero for Retail, Restaurants, the University, and Interstate I-75
  • Brand New 2023 Construction with all 2 Bedroom, 2 Bath units
  • A 6% Rent Increase is set for July

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Multifamily

Springhill Apartments

Listing Price: Request For Offer

Number of Units
18
Occupancy
97.0%

Investment Highlights

  • This Infill Location is Ground Zero for Retail, Restaurants, the University, and Interstate I-75
  • Brand New 2023 Construction with all 2 Bedroom, 2 Bath units
  • A 6% Rent Increase is set for July

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Springhill Apartments, a 2023-built, 18-unit apartment community situated on 1.15 acres and located in Valdosta, Georgia. The asset has an outstanding opportunity to acquire a brand-new constructed asset, with a very advantaged location in Valdosta. * Located at GROUND ZERO for retail, restaurants, The University, and Interstate 1-75, this location is tough to beat for a market-rate property. * With occupancy levels at 100% since CO, the rents are poised to go from $1,400 for the 2x2 to $1,500 in the July renewal time frame. * 18-units of 2x2’s at 920 SF per unit. * Stained concrete floors for fashion and low maintenance. * In-unit Washer & Dryer

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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