Affordable Housing Investment Brokerages, Inc. (AHIB) is pleased to announce the closing of the Heritage Apartments, a HAP offering in Griffin, Georgia. Heritage Apartments is a 120-unit community with 94% HAP coverage and 7 market rate units.

Griffin is a city within the metropolitan Atlanta area in the Southeast of Georgia, and 33 miles from Hartsfield-Jackson International Airport. At the time of sale, the building was in excellent condition with 98% occupancy.

AHIB represented the seller and was able to procure multiple competitive offers above target price. AHIB ultimately closed the deal at 8.45M on September 28^th 2023 above asking price. Heritage Apartments closed in 132 days.