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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.

Attachments

Professional Flyer_12-2024
Portfolio -Detailed Financial Breakdown

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
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 -
Show More > < Show Less
  • Listing ID: 31157283

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 6 Single Family Homes, 1 Six & 1 TriPlex, Macon, GA

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