4690 Log Cabin Dr - Apartments FOR SALE


Macon-Bibb, GA 31204
$7,800,000 USD
404-445-1090
4690 Log Cabin Dr, Macon-Bibb, GA for Sale
$7,800,000 USD
Apartments - FOR SALE
1/2
null | 7.86% Cap Rate

4690 Log Cabin Dr
Macon-Bibb, GA 31204


HIGHLIGHTS

  • 100 Units, Built in 1973
  • Unit mix comprised of one- and two-bedroom floor plans, including (34) 660 SF one-bedroom flats, (34) 710 SF 1 bed loft, and (32) 1,015 SF two-bedroom
  • Gross Building Square Footage: ±79,060 SF
  • Average Unit Size: ±791 SF
  • Approximately 73% of units are renovated, with the remaining 27% units in classical condition offering clear value-add potential.
  • Current Occupancy: 99%

OVERVIEW

Broker of Record Maxx Bauman License # 80041, 451849 (GA) Matthews Real Estate Investment Services, Inc 3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305 (866) 889-0550

FOR SALE DETAILS

PRICE

$7,800,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

100

PRICE/UNIT

$78,000

CAP RATE

7.86%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Park at 4690

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

200

LAND DETAILS

LAND ACRES

8.84 AC

LAND SF

385,070 SF

ZONING

R-3

APN/PARCEL ID

M083-0232

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.