17-Unit Apartment
8938 University Dr, Commerce, GA 30529
For Sale
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Electrical and plumbing systems have been upgraded through a multi-year capital improvement program.
Property SizeContact for details
Days on Market9
Property Features for 8938 University Dr
General Information
Standard status
Property subtype
Financials
Asking Price
Average Monthly Rent
Additional Details
Multifamily Units
Tenant in Place
Building Details
Year Built
Listing Agency:
Berkadia Commercial Mortgage Atlanta
Listed By:
Ian Shaw · License GA #389665
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 10 at 7:53AM
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 Berkadia Commercial Mortgage Atlanta
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Investment Insights
Based on property information with market context.
This 17-unit apartment property in Commerce was built in 1961 and averages 1,003 square feet per unit. Electrical and plumbing work formed part of a capital improvement program carried out over more than five years. Seven apartments remain unrenovated, and average resident tenure exceeds 4.5 years.
The property is at 8938 University Dr in Jackson County. County population has grown 71.7% since 2010, while economic growth is reported at 68% since 2021.
The property is at 8938 University Dr in Jackson County. County population has grown 71.7% since 2010, while economic growth is reported at 68% since 2021.
Key Highlights
- 17 apartment units averaging 1,003 square feet each
- Built in 1961
- Electrical and plumbing improvements completed as part of work spanning more than five years
Property Analytics
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Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
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Business Placement
Demographics for 30529, GA
12,033
Population
4,642
Households
2.6
Avg Household Size
38
Median Age
18%
College-Educated
84%
High-School Grad
50.5 sq mi
ZIP Area
238
Density / Sq Mi
$62,122
Median Household Income
$36,219
Median Earnings
$1,050
Median Rent
$234,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Electrical and plumbing systems have been upgraded through a multi-year capital improvement program.
Where is this apartment building located?
The property is located at 8938 University Dr Commerce, GA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 17 apartment units averaging 1,003 square feet each; Built in 1961; Electrical and plumbing improvements completed as part of work spanning more than five years
