Georgia Apartment buildings for sale

Updated: Sep 4

Eight-Unit Brick Apartment Building

159 E Cloverhurst Avenue, Athens, GA 30605

$2,699,500

5,890 sqft 0.36 AC lot

Eight one‑bedroom, one‑bath flats in a single all‑brick building
5,890 square feet on a 0.36‑acre parcel
Approximately 670+/- square feet per residence
16 on‑site parking spaces, or two per unit
Improvements since 2015 include roof, windows, HVAC, parking lot, kitchens, and baths

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Updated: Oct 5

17-Unit Renovated Apartment Building

423 Mellon Street, Columbus, GA 31903

$975,000

11,900 sqft 0.81 AC lot

17 apartments, each with two bedrooms and one bathroom
Approximately 700 square feet per unit
11,900‑square‑foot building on 0.81 acres
Unit renovations completed in 2024 and 2025
Built in 1963; brick construction

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Five-Unit Apartment Building

836 E Henry Street, Savannah, GA 31401

$995,000

5,188 sqft 0.16 AC lot

Corner-lot multifamily property with a Victorian main house, carriage house, shared laundry, porches, and courtyard.

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25-Unit Extended-Stay Motel

5013 Ogeechee Rd, Savannah, GA 31405

$2,000,000

8,432 sqft 2.43 AC lot

Furnished one-bedroom units include private entrances, private baths, and full kitchens.

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New Construction Apartment Building

515 Birch Street, Adel, GA 31620

$1,350,000

7,600 sqft 2.07 AC lot

Eight completed residences offer modern finishes, private entries, paved parking, and convenient access to the surrounding area.

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5-Unit Apartment Building

602-610 W Boundary Street, Dalton, GA 30720

$750,000

5,472 sqft 0.29 AC lot

Five condominium residences are conveyed together as a single offering and are not available for separate sale.

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19-Unit Furnished Apartment Building

733 W 52nd Street, Savannah, GA 31405

$4,350,000

6,911 sqft 0.38 AC lot

Gated, fully furnished apartments support mid-term occupancy with contemporary interiors, private courtyards, and app-based operations.

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Eight-Unit Brick Apartment Building

159 E Cloverhurst Ave, Athens, GA 30605

$2,699,500

5,890 sqft 0.36 AC lot

Updated flats feature in-unit laundry, individual heat-pump HVAC, and refreshed kitchens and baths.

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17-Unit Apartment Building

1620 E Park Ave, Valdosta, GA 31602

$615,000

7,934 sqft 0.71 AC lot

R-M-zoned multifamily property with studio and one- and two-bedroom floor plans.

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25-Unit Extended-Stay Motel

5013 Ogeechee Road, Savannah, GA 31405

$2,000,000

8,432 sqft 2.43 AC lot

Furnished one-bedroom units provide private entrances, kitchens, and bathrooms for longer-term occupancy.

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Apartment Building with Renovated Interiors

4509 4509-4511 Old Louisville Rd, Garden City, GA 31408

$2,875,000

14,112 sqft 1.59 AC lot

Five-building apartment complex with on-site management space, private parking, and updated apartment interiors.

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Renovated Furnished Apartment Complex

733 W 52nd Street, Savannah, GA 31405

$4,350,000

6,911 sqft

Gated, all-inclusive mid-term rental community with modern interiors, security systems, and on-site laundry.

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11-Unit Brick Apartment Building

917 Oakview Avenue, Columbus, GA 31906

$620,000

7,214 sqft 0.53 AC lot

Separate meters, on-site laundry, and off-street parking serve the apartment property.

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Historic Apartment Building with Carriage House

836 E Henry St, Savannah, GA 31401

$995,000

5,188 sqft

Two residential structures provide varied layouts, shared laundry, porches, and a large courtyard in Downtown Savannah.

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10-Unit Renovated Apartment Buildings

1018 - 1027 Century Dr, Douglas, GA 31533

$741,000

8,116 sqft 1.35 AC lot

Three-building multifamily property with individually metered units, public utilities, central heating and cooling, and renovated interiors.

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18-Unit Townhome Community

632 Madison Street, Commerce, GA 30529

$4,850,000

1,866 sqft 5.76 AC lot

Newly built residences include attached two-car garages and individually metered utilities.

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17-Unit Apartment Building

1620 E Park Ave, Valdosta, GA 31602

$615,000

7,934 sqft 0.71 AC lot

Multifamily property with varied unit layouts and six vacant apartments requiring renovation.

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Historic Apartment Building with Restaurant

115 E Bay Street, Savannah, GA 31401

$3,650,000

7,500 sqft 0.06 AC lot

Three-story mixed-use property includes four permitted short-term rental suites and a leased restaurant space.

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6-Unit Historic Apartment Building

824 2nd Avenue, Columbus, GA 31901

$549,900

4,324 sqft

Furnished accommodations include a mix of longer-term tenants and short-term rental units.

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18-Unit Apartment Complex

4509-4511 Old Louisville Rd, Garden City, GA 31408

$2,875,000

14,112 sqft 24.00 AC lot

Five-building residential complex with renovated interiors, on-site management space, and private surface parking.

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Renovated Furnished Apartment Complex

733 W 52nd St, Savannah, GA 31405

$4,350,000

6,911 sqft 0.49 AC lot

Gated, fully furnished apartments offer flexible mid-term leases with contemporary interiors and integrated access, safety, and operating systems.

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Five-Cabin Apartment Property

270 Summer Lane, Trenton, GA 30752

$549,000

3,622 sqft 6.51 AC lot

Rental property with five cabins, wooded acreage, individual electric metering, and shared public water.

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28-Unit Apartment Complex

524 Vine St, Athens, GA 30601

$2,250,000

14,760 sqft

Consistent one-bedroom unit mix with full occupancy and RM-2, Multi Family zoning in East Athens.

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Furnished Short-Term Rental Property

17 W Park Avenue, Savannah, GA 31401

$3,750,000

6,879 sqft

Historic furnished lodging property with commercial zoning, licensed STVR operations, and dedicated off-street parking.

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Georgia Apartment Buildings Market Trends and Statistics

Explore 243 apartment buildings for sale in Georgia, showcased through 243 active listings on our real estate platform. These investment opportunities span a total of 2,431,612 square feet of properties for sale, with an estimated market value of $311,928,188.

Sale prices for apartment complexes in Georgia start at $70,000, averaging $1,567,478, and reaching up to $11,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

How to Buy an Apartment Building in Georgia

A quick guide to apartment complex acquisitions.

Set strategy and build a team. Pick a turnkey-yield or value-add thesis, target growth markets, and build a team led by commercial brokers in Georgia backed by local market insights.

Master metrics and secure financing. Underwrite on NOI, cap rate, and cash flow (value = NOI ÷ cap rate), and match agency, bridge, or CMBS debt to a 1.25x DSCR.

Source and underwrite deals. Find pocket listings and direct-to-owner deals with below-market rents, build a conservative pro forma, and submit an LOI benchmarked to recently sold Georgia commercial comps.

Complete due diligence and close. Verify NOI from the T-12 and rent roll, walk every unit, audit leases and deposits. Then close into a single-purpose LLC.

Manage and create value. Choose self- or third-party management, force appreciation via renovations, RUBS, and ancillary income, and plan your refinance, sale, or hold exit.

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