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Multifamily

North 8th Street & West Avenue

803 N 8th St, Griffin, GA 30223

Listing Price: $2,820,000

Cap Rate
3.60%
Number of Units
44
GRM
5.62
Price/Unit
$64,091

Investment Overview

Marcus & Millichap is pleased to present for sale 803 North 8th Aevnue, 804 North 8th Avenue, and113 - 135 West Avenue in Griffin, Georgia. This 44-unit multifamily property in Griffin, Georgia offers a compelling operational value-add opportunity in a recently renovated asset. Located approximately 40 miles south of Atlanta, Griffin is a growing bedroom community with strong demand for quality, affordable housing. With updated interiors already in place, the next owner can focus on stabilizing operations, improving management, and driving performance.

Investment Highlights

  • Clear operational upside through improved management, rent collection, and expense control
  • Recently renovated interiors that reduce near-term CapEx and improve tenant retention
  • Well-positioned in Griffin with strong access to Atlanta and appeal driven by suburban migration
  • Stable tenant base supported by consistent demand for workforce housing

Exclusively Listed By

Financing By

Multifamily

North 8th Street & West Avenue

Listing Price: $2,820,000

Cap Rate
3.60%
Number of Units
44
GRM
5.62
Price/Unit
$64,091

Investment Highlights

  • Clear operational upside through improved management, rent collection, and expense control
  • Recently renovated interiors that reduce near-term CapEx and improve tenant retention
  • Well-positioned in Griffin with strong access to Atlanta and appeal driven by suburban migration
  • Stable tenant base supported by consistent demand for workforce housing

Investment Overview

Marcus & Millichap is pleased to present for sale 803 North 8th Aevnue, 804 North 8th Avenue, and113 - 135 West Avenue in Griffin, Georgia. This 44-unit multifamily property in Griffin, Georgia offers a compelling operational value-add opportunity in a recently renovated asset. Located approximately 40 miles south of Atlanta, Griffin is a growing bedroom community with strong demand for quality, affordable housing. With updated interiors already in place, the next owner can focus on stabilizing operations, improving management, and driving performance.

Exclusively Listed By

Financing By

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