140 Tyrone Blvd - Apartments FOR SALE


Macon-Bibb, GA 31204
$995,000 USD
478-745-1156
140 Tyrone Blvd, Macon-Bibb, GA for Sale
$995,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

140 Tyrone Blvd
Macon-Bibb, GA 31204


HIGHLIGHTS

  • Located within a historic community close to businesses, schools, and services.
  • Easy access to Interstate 75 connects residents to Downtown Macon and Atlanta markets.
  • Configured with a diversified unit mix of two- and three-bedroom townhomes.
  • Fully occupied at the time of prior listing with steady rental demand.
  • Positioned in a submarket with employment, retail nodes, and healthcare clusters.

OVERVIEW

Tyrone Townhomes presents an opportunity to acquire a stabilized multifamily asset in Macon, GA’s historic Ingleside neighborhood. Offering six townhouse-style units on a 0.51-acre lot, the property provides consistent occupancy supported by a mature residential setting and proximity to city amenities. Each unit features functional layouts and is positioned within a community-oriented corridor convenient to businesses, dining, and schools. The location offers quick access to major roadways, including Interstate 75 and U.S. Route 41, facilitating regional connectivity. The property benefits from long-term structural viability and stable income potential. Its R-3 zoning ensures multifamily use continuity, and existing market demand for accessible housing contrasts with limited competitive supply in the submarket. Ownership can maintain in-place operations or implement light improvements to enhance yield. With Bibb County employment anchors, higher education institutions, and medical centers nearby, this offering aligns with investors seeking cash-flow stability in a growing Central Georgia metro.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

6

PRICE/UNIT

$165,833

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tyrone Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

R-3 Multi-Family

APN/PARCEL ID

N064-0391

ASK ABOUT THIS PROPERTY

Bob LewisBob Lewis & Associates, Inc.More Info
478-745-1156

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Bob LewisBob Lewis & Associates, Inc.More Info
478-745-1156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.