Investment Overview

Marcus & Millichap is proud to present “The Tifton Apartments Portfolio”, a 3-property offering situationally adjacent to, and contiguous with each property, consisting of 170 market-rate apartments with: 42 units built in 2004, 78 units built between 2017 and 2020 50 units built between 2010 and 2016. The Portfolio is currently 98% occupied, (historically higher) and the direct comparative property vacancies are at sub 3.0% Located in Northwest Tifton, on the west side of I-75, the properties have a laid back, safe, country feel with an upscale location near great retail and a university and college. Offered with new, assumable Fannie debt at 3.13%, due Nov. 2030. Current Balance - $10,250,000 There is mortgage on 150 units and 20 units are free and clear.