8938 university drive
commerce | GA | 30529
Visit Doc Center8938 university drive
commerce | GA | 30529
17
Units
1961
year Built
Opportunity
SUPPLY AND DEMAND PERFECTION
Jackson County is one of the nation’s fastest-growing counties, ranking 4th nationally in population growth (71.7% since 2010). However, strict zoning moratoriums have created a significant supply-demand imbalance.
PHENOMENAL DEMOGRAPHICS
Median household income just shy of $95,000 and the average open industrial job of $66k, plus benefits, is higher than all surrounding counties. The median home price is $422K, in the top 10% of GA.
PROVEN VALUE-ADD
Opportunity to renovate 7 classic units (41% of the property) and capture approximately $150 per unit in monthly rent premiums.
IDEAL UNIT MIX
The 17-unit property consists of spacious two-bedroom units averaging 1,003 square feet, with the added appeal of townhome-style residences.
CAPITAL INFUSION
More than $10,000 per unit has been invested in asset preservation, curb appeal, and resident experience since 2021.
RESIDENT STABILITY
Average resident tenure of 4.6 years and only one eviction in the past six years underscore the property’s durable tenant profile.
Property Info
PROPERTY DETAILS
- TYPE
- UNITS
- YEAR BUILT
BUILDING / LAND
- OCCUPANCY
- # OF STORIES
- # OF BUILDINGS
- ACREAGE
- DENSITY
- TOTAL RENTABLE SF
- AVG. UNIT SF
- EXTERIOR
- ROOF
Metering & Fees
- ELECTRIC
- WATER
Photo Gallery
Contact Us
Investment Sales
Ian Shaw
Director
404.654.2347
[email protected]
GA #389665
Mike Riley
Senior Director
470.681.1389
[email protected]
GA #392188
Andrew Mays
Senior Managing Director
404.445.1067
[email protected]
GA #238374
Paul Vetter
Senior Managing Director
404.445.1068
[email protected]
GA #261596
Mortgage Banking
RICHARD LEVINE
Senior Managing Director
404.654.2590
[email protected]
MIKE MARLEY
Senior Director
404.654.2076
[email protected]
JOSH FINLEY
Managing Director
404.654.2594
[email protected]
BERKADIA ATLANTA
Three Alliance Center
3550 Lenox Road, Suite 2600
Atlanta, GA 30326
T: 404.445.2600 | F: 404.445.1065
8938 university drivecommerce | GA | 30529
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