Investment Overview

Marcus & Millichap is pleased to present for sale a recently renovated 56-unit multifamily property located at 201 Holly Drive in Albany, Georgia. The property has undergone significant capital improvements, including modernized interiors, upgraded HVAC systems, new roofs, and the addition of a brand-new onsite laundry facility. Of the 56 units, 40 are currently occupied, while 16 units—previously offline for renovations—are now fully updated and rent-ready, offering immediate lease-up potential. Located in the Radium Springs area, the property is located near major employers such as Procter & Gamble and the Marine Corps Logistics Base, supporting strong local renter demand. This is a true operational value-add opportunity: all major physical improvements have been completed, allowing new ownership to focus on management and income growth.