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101 Mill Ridge Circle, Tifton, GA 31793

170 market-rate units across three build periods, with 98% occupancy and assumable financing options.

Property Size204,349 SF
Days on Market48

Property Features for 101 Mill Ridge Circle

General Information

Standard status Active
Size 204,349 SF
Class B
Property subtype Multifamily
Occupancy 98%
Net Operating Income $1,593,858

Additional Details

Multifamily Units 170

Building Details

Year Built 2017
Units 170
Tenancy Multi
Listing Agency: Marcus & Millichap - Atlanta
Listed By: John Edward Brigel · License #GA 311233
Source: Crexi
Added: Jul 8 Changed: Aug 15 Last Checked: Aug 23 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta

Investment Insights

Based on property information with market context.

The Tifton Apartments offer 170 market-rate apartment units with construction spanning multiple periods: 78 units were built between 2017 and 2020, 50 units were built between 2010 and 2016, and 42 units were built in 2004. The property is currently 98% occupied. Recent rent increases include $75.00 per unit on the 2’s and 3’s effective July 1.

Located in West/Northwest Tifton on the west side of I-75, the apartments are positioned near retail and close to a university and a college.

The offering includes an assumable Fannie debt option at 3.13%, due November 2030. There is an existing mortgage on 150 units, while 20 units are free and clear.

Key Highlights

  • 170 market‑rate apartment units in three build periods: 78 units (2017–2020), 50 units (2010–2016), and 42 units (2004)
  • Currently 98% occupied, with direct comparative market vacancies reported as sub 3.0%
  • Market rents increased by $75 per unit for 2‑bedroom and 3‑bedroom units effective July 1

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Storage Facility Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

170
Residential units

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 31793, GA

8,932
Population
4,337
Households
2.1
Avg Household Size
38
Median Age
30%
College-Educated
93%
High-School Grad
93.5 sq mi
ZIP Area
96
Density / Sq Mi
$79,018
Median Household Income
$39,649
Median Earnings
$778
Median Rent
$189,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 170 market-rate units across three build periods, with 98% occupancy and assumable financing options.
Where is this apartment building located?
The property is located at 101 Mill Ridge Circle Tifton, GA.
What are key features of this property?
This property features: 170 market‑rate apartment units in three build periods: 78 units (2017–2020), 50 units (2010–2016), and 42 units (2004); Currently 98% occupied, with direct comparative market vacancies reported as sub 3.0%; Market rents increased by $75 per unit for 2‑bedroom and 3‑bedroom units effective July 1
More about this property
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