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    LIHTC-Compliance Apartment Community Title is generated by Realmo AI

    500 Mendel Ave, Thomson, GA 30824

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    For Sale
    $2,100,000

    Built in 2016 and operating during the LIHTC compliance period, with current occupancy near capacity.

    Type:Multifamily
    Added:
    Jun 22, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 24 at 4:25 am

    Property Features for 500 Mendel Ave

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Joe Mitchell

    Listing office Atlanta Office

    Listing date Jun 22, 2026

    Source Marcusmillichap

    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 Atlanta Office

    HighLights

    • Built in 2016
    • Operating during the LIHTC compliance period and will remain in compliance for the next 5 or so years
    • Currently running at 95% occupancy
    • Within a 3‑mile radius: average household income of $59,683 and total population of 11,055

    Overview

    Rollingwood Apartments is a multifamily apartment community built in 2016 and currently within its LIHTC compliance period, which is expected to continue for the next five or so years. The property is being offered as a GP interest for sale. At present, the community is operating at approximately 95% occupancy, reflecting a stabilized rental position during the compliance term.

    Rollingwood Place is located in Thomson, Georgia, just a short drive from restaurants, medical services, grocery stores, and other everyday businesses. The City of Thomson is home to manufacturing and distribution companies, and the area has a demonstrated need for affordable housing, aligning with the property’s LIHTC structure. For context, the 3-mile area shows an average household income of $59,683 and a total population of 11,055.

    This offering is best suited for buyers and operators who are specifically looking to acquire an LIHTC-in-place apartment community during the active compliance period. With recent construction age, ongoing compliance requirements, and current near-fully-occupied performance, it provides a clear path for qualified investors to underwrite a properly structured affordable housing asset.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thomson
    County
    McDuffie
    State
    Georgia
    Longitude
    -82.497264
    Latitude
    33.476883

    FAQs

    What type of property is this?
    Apartment building - Built in 2016 and operating during the LIHTC compliance period, with current occupancy near capacity.
    Where is this apartment building located?
    The property is located at 500 Mendel Ave Thomson, GA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Built in 2016; Operating during the LIHTC compliance period and will remain in compliance for the next 5 or so years; Currently running at 95% occupancy
    More about this property
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