Friar Tuck & Hampton East

About Friar Tuck & Hampton East

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Friar Tuck and Hampton East apartment communities located in Albany, Dougherty County, Georgia. The receiver sale structure provides a favorable basis compared to replacement cost or stabilized value. Built in 1997 and 2003, respectively, Friar Tuck and Hampton East present an outstanding opportunity to immediately acquire some of the largest units in Albany’s robust multifamily market. Both communities feature primarily classic units, offering new ownership the opportunity to begin a value-add program boosting average rents $125+ and garnering a 26% blended ROI. Ideally positioned minutes from Albany’s major employers, including Phoebe-Putney Memorial Hospital, Proctor & Gamble, and Molson Coors, and surrounded by premier retail such as Albany Mall, Publix, and Target, the properties benefit from strong location fundamentals and portfolio synergies in Albany’s diverse and resilient economy.