10-Unit Multifamily | Value-Add Opportunity | 140 Prentice Pl
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10-Unit Multifamily | Value-Add Opportunity 140 Prentice Pl
10 Unit Apartment Building $575,000 ($57,500/Unit) Macon-Bibb, GA 31204
Investment Highlights
- Prime location off Vineville Ave with close proximity to downtown Macon & Mercer University
- Prentice Place consists of 10-units which are all 1bed/1full-bath
- Each unit has washer and dryer hookups
- Value-add opportunity to renovate units and increase rents
- Building has 2 floors: 6-units on the 1st floor and 4 units on the 2nd floor
- Central location provides easy access to all corridors of Macon
Executive Summary
10-Unit Multifamily | Value-Add Opportunity
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- Operating and Financials
- Title and Insurance
Property Facts
Price | $575,000 | Building Class | C |
Price Per Unit | $57,500 | Lot Size | 0.45 AC |
Sale Type | Investment | Building Size | 6,204 SF |
No. Units | 10 | Average Occupancy | 90% |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1979 |
Apartment Style | Low Rise |
Price | $575,000 |
Price Per Unit | $57,500 |
Sale Type | Investment |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.45 AC |
Building Size | 6,204 SF |
Average Occupancy | 90% |
No. Stories | 2 |
Year Built | 1979 |
Unit Amenities
- Washer/Dryer Hookup
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 10 | - | - |
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PROPERTY TAXES
Parcel Number | N064-0239 | Improvements Assessment | $43,339 |
Land Assessment | $47,251 | Total Assessment | $90,590 |
PROPERTY TAXES
Parcel Number
N064-0239
Land Assessment
$47,251
Improvements Assessment
$43,339
Total Assessment
$90,590
zoning
Zoning Code | R-3 (Residential) |
R-3 (Residential) |
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10-Unit Multifamily | Value-Add Opportunity | 140 Prentice Pl
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