deal image
472 Elles WayGriffin, GA 30223
Griffin 83 - BTR
Asset ClassMultifamily
# Units83
Griffin 83 - BTR | Built 2008, 2020 & 2021
overview of deal

Overview

Franklin Street is pleased to present Griffin 83 - BTR, a multifamily community located in Griffin, Georgia. The property was delivered in three phases, with 16 units completed in 2008, 50 units delivered in 2020, and the final 17 units delivered in 2021. Totaling 83 units, the community features spacious three-bedroom / two-bathroom floorplans with an average unit size of 1,260 square feet, positioning the asset as a differentiated offering within the local rental landscape and well suited to family households. Griffin benefits from a diversified employment base with an outsized emphasis on

manufacturing and industrial jobs, supported by institutional and workforce-training resources including Southern Crescent Technical College and the University of Georgia Griffin Campus. In addition, the market features niche aviation and aerospace-related employment, including FAA-certified maintenance and repair operations such as Atlanta Aerospace and Accessory Aero Group, providing specialized job formation uncommon for similarly sized markets. Griffin 83 - BTR is located in close proximity to local schools including Moore Elementary (approximately 1.0 miles), Kelsey Avenue Middle (approximately 0.9 miles), and A.Z. Kelsey High (approximately 0.8 miles), supporting family-oriented demand. The property also benefits from convenient access to outdoor recreation amenities including Fairmont Park, a community gathering destination with a recreation center

and park improvements, as well as Thomaston Mill Village Park, a public recreation park featuring walking trails and additional outdoor amenities. Residents further benefit from Griffin’s established retail and dining environment, anchored by the Downtown Griffin Historic District. Downtown Griffin is positioned as a regional lifestyle node offering a concentration of local retailers alongside an active

restaurant scene with more than 20 dining options, supporting a walkable amenity base and community event activity. Collectively, Griffin 83 - BTR offers investors the opportunity to acquire a recently delivered multifamily asset supported by Griffin’s manufacturing-led employment base, niche aviation/aerospace operations, and a growing downtown retail and dining corridor—providing a durable demand profile for rental housing in Spalding County.

Access the Data Room

Unit Mix

Units
Type
Unit SF
Total SF
Market Rent
Rent/SF
1
16
3 Bed / 2 Bath - Phase I
1,260 SF
20,160 SF
$1,336
$1.06
2
67
3 Bed / 2 Bath - Phase II & III
1,260 SF
84,420 SF
$1,382
$1.10
deal gallery image
deal gallery image
deal gallery image
472 Elles WayGriffin, GA 30223

Sales Team

deal image

Inquire

Listing provided by LightBox Revere