Rollingwood Place Apartments — Sale in Thomson, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Thomson, GA 30824

Photos

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Investment Figures

Cap rate
7.24%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to announce the GP interest being offered for sale for Rollingwood Apartments. This property was built in 2016 and is currently in the LIHTC compliance period and will be for the next 5 or so years. The property currently is running at 95% occupancy. Rollingwood Place is located just a short drive from many restaurants, medical services, grocery stores and businesses. The City of Thomson GA is home to many manufacturing and distribution companies and the city itself has high demand for affordable housing such as Rollingwood Apartments. The 3-mile average household income is $59,683 and the 3-mile total population of 11,055. Investment Highlights: • GP Interest Sale • Strong occupancy (95%) • Very large and spacious units • Built in 2016 • On-site business center, playground, and fitness center

Market Context

This multifamily in Thomson, GA is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Thomson, GA — view the full market.

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