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La Fayette Multifamily Investment Opportunity
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34 36 56 58 62 64 68 70 94 96 Summerfield Rd, Lafayette, GA 30728

Updated multifamily property in La Fayette, Georgia. Fully occupied.

Property Size10,984 SF
Price / SF$109.24
Days on Market157

Property Features for 34 36 56 58 62 64 68 70 94 96 Summerfield Rd

General Information

Standard status Active
Size 10,984 SF
Class B
Property subtype Multifamily
Zoning Commercial
Occupancy 100%
Investment Type Stabilized
Net Operating Income $91,865

Building Details

Year Renovated 2022
Buildings 3
Stories 2
Units 10
Listing Agency: RE/MAX Properties
Listed By: Daniel Hunter · License #TN 343739
Source: Crexi
Added: Mar 7 Changed: Aug 9 Last Checked: Aug 10 at 3:40AM

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 RE/MAX Properties

Investment Insights

Based on property information with market context.

This multifamily property features units that are updated and nicely presentable, requiring no rehabilitation. The units remain occupied, with a waiting list of potential tenants. The property is currently managed by a management company that can remain in place. The property totals 10,984 square feet. Unit mix includes two-bedroom, one-bathroom units and two-bedroom, two-bathroom units.

Key Highlights

  • Updated and nicely presentable units, requiring no rehabilitation
  • Property is based on real numbers, not a Per Forma
  • High occupancy with a waiting list of potential tenants

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Building Supply Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 30728, GA

18,763
Population
8,225
Households
2.3
Avg Household Size
42
Median Age
12%
College-Educated
84%
High-School Grad
173.4 sq mi
ZIP Area
108
Density / Sq Mi
$49,388
Median Household Income
$33,366
Median Earnings
$820
Median Rent
$133,700
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 - Updated multifamily property in La Fayette, Georgia. Fully occupied.
Where is this apartment building located?
The property is located at 34 36 56 58 62 64 68 70 94 96 Summerfield Rd Lafayette, GA.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Updated and nicely presentable units, requiring no rehabilitation; Property is based on real numbers, not a Per Forma; High occupancy with a waiting list of potential tenants
(423) 605-9713 Call to check price and availability
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