Building Details

Year Built 1973

Units 178

Listing Agency: Matthews

Listed By: Connor Kerns · License #GA 408600

Source: Crexi

Added: Feb 26 Changed: Aug 8 Last Checked: Aug 8 at 2:29PM

Report an Issue

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 Matthews

Investment Insights

Based on property information with market context.

This multifamily property features 178 units. The property encompasses a total area of 156,652 square feet. It is located on Friendship Dr in Albany, GA.

Key Highlights

• Multifamily property featuring 178 units.
• Priced at $9,250,000.
• Constructed in 1973.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Hair Salon Nail Salon Building Supply Spa & Massage Center

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

116

Businesses Nearby

Explore this area Business Placement

Demographics for 31701, GA

18,133

Population

9,535

Households

1.9

Avg Household Size

39

Median Age

17%

College-Educated

81%

High-School Grad

21.2 sq mi

ZIP Area

855

Density / Sq Mi

$32,902

Median Household Income

$31,489

Median Earnings

$812

Median Rent

$97,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

One-Level Office Building with Parking

3005 Old Dawson Road, Albany, GA 31721

$999,900

11,400 SF

View details

Remodeled Flex Space with Loading Dock

1600 E Oglethorpe Blvd, Albany, GA 31705

$799,000

8,050 SF

View details

Historic Two-Story Office Building

533 Pine, Albany, GA 31701

$125,000

3,951 SF

View details

Restaurant Opportunity on Oglethorpe Boulevard

1716 E Oglethorpe blvd, Albany, GA 31705

$699,999

1,942 SF

View details

Strip Center with Paved Parking

2820 Meredyth Dr, Albany, GA 31707

$1,200,000

10,428 SF

View details

Historic Office Building with Private Offices

414 Society Avenue W, Albany, GA 31701

$225,000

1,403 SF

View details

Freestanding Retail with Drive-Through

2801 N Slappey Blvd, Albany, GA 31763

$850,000

4,500 SF

View details

Licensed Personal Care Home

511 N Monroe St, Albany, GA 31701

$195,000

2,064 SF

View details

Two-Story Brick Office Building

410 Society Avenue W, Albany, GA 31701

$325,000

2,822 SF

View details

Day Care Center with Updated Roof and HVAC

700 Slappey Blvd N, Albany, GA 31707

$159,900

1,962 SF

View details

Multi-Unit Retail and Office Property

507 S Slappey Blvd, Albany, GA 31707

$749,900

9,376 SF

View details

Auto Shop on Corner Lot

1307 Slappey Blvd N, Albany, GA 31707

$599,900

1,390 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - 178-unit multifamily property available for sale.

Where is this apartment building located?

The property is located at 905 Friendship Dr Albany, GA.

What is the asking price?

The asking price for this property is $9,250,000.

What are key features of this property?

This property features: Multifamily property featuring 178 units.; Priced at $9,250,000.; Constructed in 1973.