6 Single Family Homes, 1 Six & 1 TriPlex
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6 Single Family Homes, 1 Six & 1 TriPlex
8 Multifamily Properties Offered at $2,089,000 in Multiple Locations
Investment Highlights
- 100% Occupied, no vacancies
- Easy to self-manage
- Major updates and repairs done
- All properties are in great locations
- Stready tenant pool, vacancies fill within a month
- No investment in cap repairs needed
Executive Summary
Perfectly working Portfolio with a healthy combination of 6 single family homes, one 6-plex, and one tri-plex, located in Macon, GA. All properties are located in B+ areas, making it a great long term investment in terms of appreciation and rent roll. No vacant Units, fully occupied with long term tenants. Extensive repairs made in the past 2 years make it easy to manage. All major upgrades done, minimal maintenance needed. All properties are in mint condition. Market rents can be bumped up upon lease renewals, to increase NOI. Projected, solid NOI at 9-10% within a year. Macon is an middle size town in the outskirts of Atlanta, within 60 mile radius. It is known for its steady economy and a good pool of renters with steady incomes. Great opportunity for a new or seasoned investor. easy to self manages from anywhere in the world. Seller will accept cash, conventional or non-conventional financing (hard money) No seller financing.
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2024) |
Annual |
---|---|
Gross Rental Income | $204,180 |
Other Income | $1,000 |
Vacancy Loss | - |
Effective Gross Income | $205,180 |
Taxes | $11,779 |
Operating Expenses | $5,000 |
Total Expenses | $16,779 |
Net Operating Income | $188,401 |
Taxes & Operating Expenses (Actual - 2024)
Gross Rental Income | |
---|---|
Annual | $204,180 |
Other Income | |
---|---|
Annual | $1,000 |
Vacancy Loss | |
---|---|
Annual | - |
Effective Gross Income | |
---|---|
Annual | $205,180 |
Taxes | |
---|---|
Annual | $11,779 |
Operating Expenses | |
---|---|
Annual | $5,000 |
Total Expenses | |
---|---|
Annual | $16,779 |
Net Operating Income | |
---|---|
Annual | $188,401 |
Property Facts
Price | $2,089,000 | Status | Active |
Price / SF | $119.66 / SF | Number of Properties | 8 |
Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
Cap Rate | 9.02% | Total Building Size | 17,458 SF |
Sale Type | Investment | Total Land Area | 3.14 AC |
Price | $2,089,000 |
Price / SF | $119.66 / SF |
Sale Conditions | Bulk/Portfolio Sale |
Cap Rate | 9.02% |
Sale Type | Investment |
Status | Active |
Number of Properties | 8 |
Individually For Sale | 0 |
Total Building Size | 17,458 SF |
Total Land Area | 3.14 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
1071-1079 Walnut St, Macon, GA 31201 | Multifamily | 6,500 SF | 1996 | - |
1893 3rd Ave, Macon-Bibb, GA 31201 | Multifamily | 1,753 SF | 1949 | - |
2593 Nancelon Cir N, Macon, GA 31204 | Multifamily | 2,000 SF | 1956 | - |
4631 Lakewood Ave, Macon, GA 31210 | Multifamily | 1,330 SF | 1960 | - |
4594 Shadow Lawn Dr, Macon, GA 31210 | Multifamily | 960 SF | 1960 | - |
3677 Kingsview Dr, Macon, GA 31211 | Multifamily | 1,144 SF | 1971 | - |
3636 Champion Dr, Macon, GA 31211 | Multifamily | 1,371 SF | 1971 | - |
726 Springdale Woods Dr, Macon, GA 31210 | Multifamily | 2,400 SF | 1978 | - |
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Presented by
Larissa Sahakyan
6 Single Family Homes, 1 Six & 1 TriPlex
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