Macon GA Multifamily Sale Multi-Family FOR SALE


Macon-Bibb, GA
$9,560,000 USD
478-745-1156
, Macon-Bibb, GA for Sale
$9,560,000 USD
Multi-Family - FOR SALE
1/7
null | 7.25% Cap Rate

Macon GA Multifamily Sale
Macon-Bibb, GA


HIGHLIGHTS

  • Portfolio consists of seven apartment communities totaling 80 units.
  • Renovations were completed across multiple assets between 2022 and 2024.
  • Diverse unit mix includes one-, two, and three-bedroom layouts.
  • Properties are located across multiple Macon neighborhoods.
  • Trailing twelve-month NOI reported at $693,292 before debt service.
  • Offering is marketed at a stated 7.25% capitalization rate.

OVERVIEW

The Macon Apartment Portfolio presents an opportunity to acquire a collection of 80 apartment units located throughout Macon, Georgia. The portfolio consists of seven apartment communities totaling 80 units, including Country Club Apartments, N. Pierce Circle Apartments, Highpoint & Marjorie Apartments, Riley Avenue Apartments, Delaware Apartments, Rogers Avenue Apartments, and Willow Court Apartments. Recent renovations completed between 2022 and 2024 across multiple assets have enhanced the portfolio while preserving a diverse mix of one-, two, and three-bedroom floorplans. The portfolio is distributed across multiple neighborhoods within Macon, providing geographic diversification and exposure to a broad resident base. Properties feature a variety of construction styles including brick veneer, duplex, frame, siding, stucco, and stone-accented buildings. Unit mixes accommodate a range of household sizes, supporting occupancy across different renter demographics. All properties are served by available public utilities including water, sanitary sewer, electricity, gas, and telephone service. Based on the trailing twelve-month operating statement (7/25-6/26), the portfolio generated $1,043,161 in total income, including $977,048 in rental income and $66,113 in other income. Reported operating expenses totaled $349,869, resulting in a net operating income of $693,292 before debt service. The offering is marketed at a stated capitalization rate of 7.25%. Macon serves as a regional economic center in Central Georgia with connectivity via Interstate 75 and Interstate 16, providing access to employment, education, healthcare, and commercial districts throughout the region. The portfolio's distribution across established residential areas creates exposure to multiple demand drivers while reducing reliance on a single submarket.

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.