abbey lake apts

Abbey Lake Apartments

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Occupancy Rate: 95% (2017)


Property Class: Class B- / C+


Date Purchase: 2017


Purchase Price: 8,600,000


Date Sold: 12-2022


Sold Price: 14,800,000


Holding Period: 5 years





PALLAVI SHAH

DRE #1382040 | NMLS #353564

Real Estate & Broker | Investment Strategist | Real Estate Planning | Wealth & Legacy Planning


MORE ABOUT THE PROPERTY

Thomasville – Georgia 31792 | Thomas




OVERVIEW

1975(built)
152 units
1-3(bedroom options)

The property is located in a very desirable area inside the city of Thomasville, Georgia.

The property is a Call B – / C+ asset with recent Capital Infusion and enjoys an exceptional location walking distance to local retail and restaurants as well as commuting distance to Tallahassee, Florida.

Tree-shaded and pet-friendly retreat in Thomasville Georgia, with comfortable 1, 2 and 3 bedroom floor plans. It a well maintained, stabilized and highly occupied asset. It offers competitive amenity packages that include a renovated club house with leasing office, 2 pools and dog park, and large green space. It is just minutes from the conveniences of the city.


FEATURE

LOCATION