Highest Price Per Unit in History for Tifton

 

Tifton, GA — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, represented the seller in the disposition of The Apex, a multifamily property located at 1644 Carpenter Road S., Tifton, GA. The apartment complex sold for the highest price per unit in Tifton’s history. Matthews Vice President and Associate Director Connor Kerns handled the transaction.

 

The Apex, built in 2023 and featuring 144 units, was sold by a New York-based investment company. The company owns and manages several apartment communities in Georgia and almost 10,000 units across the East Coast.

 

Matthews™ sourced the buyer, a local family office based in South Georgia. They plan to hold the asset for long-term ownership, providing a high-quality passive investment opportunity for the family office for years to come.

 

“The buyer was looking to purchase a newer construction apartment product in a familiar market. Apex apartments fit these criteria as it was recently built, and the family office owns additional assets in the Tifton area,” Kerns said.

 

For more information or to contact a Matthews™ specialized agent, please visit www.matthews.com.

 

About Matthews™

Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 600 agents and support staff in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.