Multifamily

Scene at Sand Hill Apartments

504 College Dr, Albany, GA 31705

Listing Price: $16,500,000

Cap Rate
1.00%
Number of Units
216
Price/Unit
$76,389
Price/Gross SF
$217.32
Gross SF
75,924

Investment Overview

New construction student housing development located in Albany, GA.

Investment Highlights

  • 216 beds all 4 beds/2 baths/2 double vanities to serve Albany State University
  • Currently a substantial undersupply of student housing in the immediate area
  • Opportunity to increase rents organically in year one

Exclusively Listed By

  • John T. McCalla

    Senior Vice President Investments

    Email John

    License(s): GA: 286386

    Atlanta

  • Mason Taylor

    Associate

    Email Mason

    License(s): GA: 382557

    Atlanta

Multifamily

Scene at Sand Hill Apartments

Listing Price: $16,500,000

Cap Rate
1.00%
Number of Units
216
Price/Unit
$76,389
Price/Gross SF
$217.32
Gross SF
75,924

Investment Highlights

  • 216 beds all 4 beds/2 baths/2 double vanities to serve Albany State University
  • Currently a substantial undersupply of student housing in the immediate area
  • Opportunity to increase rents organically in year one

Investment Overview

New construction student housing development located in Albany, GA.

Exclusively Listed By

  • John T. McCalla

    Senior Vice President Investments

    Email John

    License(s): GA: 286386

    Atlanta

  • Mason Taylor

    Associate

    Email Mason

    License(s): GA: 382557

    Atlanta

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