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Multifamily

Stone Ridge Cottages

2819 Rainwater Rd, Tifton, GA 31793

Listing Price: $15,299,000

Cap Rate
6.56%
Number of Units
77
GRM
11.27
Price/Unit
$198,688
Price/Gross SF
$191.24
Gross SF
80,000

Investment Overview

Marcus & Millichap is pleased to present for sale Stone Ridge Cottages in Tifton, Georgia. Stone Ridge Cottages is a newly constructed, fully stabilized 77-unit build-to-rent (BTR) and multifamily hybrid community, completed in 2024. This community blends single-family cottage-style living with multifamily operational efficiency, meeting the growing demand for quality rental housing in Tifton, Georgia.

Investment Highlights

  • New construction (2024): Contemporary, energy-efficient units with minimal near-term capital needs
  • Fully Stabilized: Achieved 100% occupancy within months of completion, demonstrating immediate operational stability
  • BTR/Garden-Style Hybrid: Combines single-family appeal with professional multifamily management for strong tenant retention
  • Class A Finishes: Units feature stainless steel appliances, granite countertops, hardwood floors, and walk-in closets
  • Strategic Location: Near Abraham Baldwin Agricultural College with convenient access to retail, healthcare, and business centers
  • Long-Term Upside: Positioned for appreciation as Tifton's population and economy continue to grow

Exclusively Listed By

Financing By

Multifamily

Stone Ridge Cottages

Listing Price: $15,299,000

Cap Rate
6.56%
Number of Units
77
GRM
11.27
Price/Unit
$198,688
Price/Gross SF
$191.24
Gross SF
80,000

Investment Highlights

  • New construction (2024): Contemporary, energy-efficient units with minimal near-term capital needs
  • Fully Stabilized: Achieved 100% occupancy within months of completion, demonstrating immediate operational stability
  • BTR/Garden-Style Hybrid: Combines single-family appeal with professional multifamily management for strong tenant retention
  • Class A Finishes: Units feature stainless steel appliances, granite countertops, hardwood floors, and walk-in closets
  • Strategic Location: Near Abraham Baldwin Agricultural College with convenient access to retail, healthcare, and business centers
  • Long-Term Upside: Positioned for appreciation as Tifton's population and economy continue to grow

Investment Overview

Marcus & Millichap is pleased to present for sale Stone Ridge Cottages in Tifton, Georgia. Stone Ridge Cottages is a newly constructed, fully stabilized 77-unit build-to-rent (BTR) and multifamily hybrid community, completed in 2024. This community blends single-family cottage-style living with multifamily operational efficiency, meeting the growing demand for quality rental housing in Tifton, Georgia.

Exclusively Listed By

Financing By

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