The 120-unit Heritage Apartments, located at 727 Anne Street, Griffin, Georgia, has been sold for $8,450,000. The property is a multifamily asset with a project-based Section 8 contract. Each unit in the community was priced at approximately $70,417.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,450,000
• Address: 727 Anne Street, Griffin, GA
• Market: Griffin, Georgia
• Brokers: Bill Brading & Kyle Shoemaker - Affordable Housing Investment Brokerage
• Units: 120
• Price Per Unit: $70,417

Affordable Housing Investment Brokerage Inc. (AHIB) provided advisory services for the sale of Heritage Apartments. Bill Brading and Kyle Shoemaker, representing the Affordable Housing Investment Brokerage, facilitated this transaction. The deal involved a property with a project-based Section 8 contract, providing affordable housing options in Griffin, Georgia.