3389 Sherry Dr - Apartments FOR SALE


Macon-Bibb, GA 31206
$2,968,000 USD
404-445-1090
3389 Sherry Dr, Macon-Bibb, GA for Sale
$2,968,000 USD
Apartments - FOR SALE
1/3
null | 8% Cap Rate

3389 Sherry Dr
Macon-Bibb, GA 31206


HIGHLIGHTS

  • Individually metered for electricity – Tenants pay direct to Georgia Power
  • Rent includes water/sewer expense
  • Complex has buildings that were built on both Slab & Crawl. Roughly 50% mixture
  • HVAC: window units – 90% of the machines are new
  • Wall heaters inside each unit - 90% of Electric Panels have been upgraded
  • Section 8 Tenants – about 3-5 units

OVERVIEW

Broker of Record Bill Pedersen License # 80041 (GA) Matthews 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$2,968,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

56

PRICE/UNIT

$53,000

CAP RATE

8%

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Linkwood Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.42 AC

LAND SF

192,535 SF

ZONING

R-3 Multi-family

APN/PARCEL ID

O094-0210

ASK ABOUT THIS PROPERTY

Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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