12-Unit Apartment
2526/28/ Hilltop Drive, Albany, GA 31707
For Sale
$1,299,000
Residential, Quadplex, Albany, GA
Property Size15,414 SF
Lot Size0.77 Acres
Price / SF$84.27
Days on Market51
Property Features for 2526/28/ Hilltop Drive
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
ERA ALL IN ONE REALTY · ERA Real Estate
Listed By:
Amanda Wiley & Kyla Standring Team · License GA #309999
(229) 888-6670
Added: Sep 21
Changed: Oct 27
Last Checked: Nov 10 at 3:06AM
MLS# 169985
Copyright © 2026 Albany Board of Realtors and Southwest Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This multifamily property comprises three neighboring apartment buildings with 12 total units. Each residence includes two bedrooms and two full bathrooms, along with open floor plans and walk-in closets. Covered porches, vinyl and ceramic tile flooring, electric ranges, dishwashers, smoke detectors, and shingle roofing are among the documented features. HardiPlank Type exterior construction adds consistent finish across the buildings.
Built in 2005, the property occupies 0.77 acres and contains 15,414 square feet. The buildings are situated together on Hilltop Drive in Albany, Georgia, with all units grouped in one location. Cable is available, and the property includes a covered porch feature and off-street site area associated with the apartment buildings.
Built in 2005, the property occupies 0.77 acres and contains 15,414 square feet. The buildings are situated together on Hilltop Drive in Albany, Georgia, with all units grouped in one location. Cable is available, and the property includes a covered porch feature and off-street site area associated with the apartment buildings.
Key Highlights
- 12 total apartment units across three buildings
- Each unit includes 2 bedrooms and 2 full bathrooms
- 15,414 square feet on 0.77 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,408
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,888,160
$1.9M
Cap Rate 7%
$1,348,686
$1.3M
Cap Rate 9%
$1,048,978
$1.0M
Market Conditions
NOI Build-Up for 15,414 SF
Gross rent
$185.0K $12.00/SF
− Vacancy
−$13.3K −$0.86/SF
EGI
$171.7K $11.14/SF
− OpEx
−$77.2K −$5.01/SF
NOI
$94.4K $6.12/SF
Area
Dougherty County, GA
Vacancy
7.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,888,160
Cap Rate 7%
$1,348,686
Cap Rate 9%
$1,048,978
Alternative Uses
Best Use
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,408 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.54M
NOI $212,343 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 31707, GA
24,623
Population
12,652
Households
1.9
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
18.4 sq mi
ZIP Area
1,338
Density / Sq Mi
$49,179
Median Household Income
$37,878
Median Earnings
$934
Median Rent
$131,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Three adjacent multifamily buildings offer a centralized layout with covered porches and walk-in closets.
Where is this apartment building located?
The property is located at 2526/28/ Hilltop Drive Albany, GA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 12 total apartment units across three buildings; Each unit includes 2 bedrooms and 2 full bathrooms; 15,414 square feet on 0.77 acres
