Apartment Building

Gainesville, GA Apartment Buildings for Sale

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Darien, GA Oakwood, GA Saint Marys, GA Flowery Branch, GA Lula, GA Gillsville, GA Talmo, GA Murrayville, GA
Renovated Nine-Unit Apartment Building
Updated: Jul 13
Renovated Nine-Unit Apartment Building

535 Forrest Ave, Gainesville, GA 30501

$2,400,000
10,800 sqft 0.63 AC lot
Nine residential units with two- and three‑bedroom floor plans
Approximately 10,800 square feet on a 0.63‑acre site
100% occupancy
Interiors renovated in 2016; original construction dates to 1978
Stainless steel appliances and updated finishes
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Class A Condominium-Style Multifamily Portfolio
Updated: Feb 22
Class A Condominium-Style Multifamily Portfolio

2486 Hidden Cove Court, Gainesville, GA 30501

$590,000
21,760 sqft
15‑unit Class A condominium portfolio (15 separate addresses) built in 2023 in Gainesville, GA (Lake Lanier–adjacent).
4 fully completed units are 100% occupied and producing income, with contracted $800 per unit rent increases scheduled for July and August.
Stabilized income includes seller‑provided income reserves available for 2 to 3 years to support early cash flow.
11 additional units are approved for completion, with builders, engineers, and permits already in place for build‑out.
Five units are shovel‑ready with basement slabs poured; end units may be built as 4BR/3.5BA and interior units as 3BR/3.5BA w/ bonus rooms (~2,000 SF).
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Gainesville, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

18-Unit Townhome Community
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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Six-Unit Apartment Building
Six-Unit Apartment Building

180 Chalfont Lane, Athens, GA 30606

$825,000
6,426 sqft 0.33 AC lot

Occupied multifamily property with remodeled residences and convenient access to shopping, Georgia Square Mall, and Atlanta Highway.

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Six-Unit Apartment Building
Six-Unit Apartment Building

180 Chalfont Lane, Athens, GA 30606

$825,000
0.33 AC lot

Brick-and-wood-sided multifamily property with assigned parking, public utilities, and active leases across all residences.

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18-Unit Townhome Apartment Community
18-Unit Townhome Apartment Community

632 Madison Street, Commerce, GA 30529

$4,850,000
5.76 AC lot

The community reports 94.4% occupancy, with residents separately metered for electric, water, sewer, and trash.

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Gainesville, GA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Gainesville, GA on our real estate platform. These investment opportunities span a total of 32,560 square feet of properties for sale, with an estimated market value of $2,990,000.

Sale prices for apartment complexes in Gainesville, GA start at $590,000, averaging $1,495,000, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 137K
Population Growth (5Y) +4.8%
Median Household Income $77,083
College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Gainesville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
30501 $1.5M

Taxes & Financing

Tax Rate (average for all types) 2.81%
Property Tax per SF $68.46 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hall County

New Delisted

Total CRE Inventory on Market (SF)

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