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Investment Highlights

  • Portfolio consists of seven multifamily properties totaling 80 units.
  • Unit mix includes one-, two-, and three-bedroom floor plans.
  • Trailing twelve-month NOI reported at $693,292 before debt service.
  • Renovations were completed across the portfolio between 2022 and 2024.
  • Assets are located throughout multiple Macon residential submarkets.
  • Offering is marketed at a 7.25% capitalization rate.

Executive Summary

The Macon Apartment Portfolio offers investors the opportunity to acquire 80 apartment units across seven multifamily properties strategically located throughout Macon, Georgia. The portfolio includes Country Club Apartments, N. Pierce Circle Apartments, Highpoint & Marjorie Apartments, Riley Court Apartments, Delaware Court Apartments, Rogers Avenue Apartments, and Willow Court, providing a diversified mix of unit types and locations within the market.
The assets consist primarily of brick veneer, duplex, and low-density garden-style apartment communities situated on individual parcels throughout the city. Renovation programs completed between 2022 and 2024 have enhanced much of the portfolio, creating a collection of updated housing assets with a broad mix of one-, two-, and three-bedroom floor plans. The portfolio benefits from established residential neighborhoods, access to employment centers throughout Macon-Bibb County, and connectivity via major local thoroughfares serving the region.
Based on the trailing twelve-month operating statements provided, the portfolio generated $1,043,161 in total income and $693,292 in net operating income before debt service. The offering is marketed at $9,560,000 with an indicated capitalization rate of 7.25%. The diversified property mix, multiple renovation vintages, and broad resident appeal create exposure across several submarkets within Macon while reducing reliance on any single asset.

Property Facts

Price $13,320,043 CAD
Price / SF $206.14 CAD / SF
Cap Rate 7.25%
Sale Type Investment
Status Active
Number of Properties 7
Individually For Sale 0
Total Building Size 64,618 SF
Total Land Area 4.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3413 Vineville Ave, Macon, GA 31204 Multifamily 8,414 SF 1980 -
Country Club Apartments
130 Tucker Rd, Macon-Bibb, GA 31210
Multifamily 22,000 SF 1965 -
North Pierce Circle Duplexes
2542 N Pierce Cir, Macon-Bibb, GA 31204
Multifamily 11,992 SF 1950 -
2512-2522 Delaware Ave, Macon-Bibb, GA 31204 Multifamily 7,992 SF 1968 -
182 Riley Ave, Macon-Bibb, GA 31204 Multifamily 7,800 SF 2023 -
142 Rogers Ave, Macon-Bibb, GA 31204 Multifamily 4,480 SF 1964 -
3246 High Point Dr, Macon-Bibb, GA 31204 Multifamily 1,940 SF 1961 -
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  • Listing ID: 41705087

  • Date on Market: 2026-08-11

  • Last Updated:

  • Address: Macon Georgia Multifamily, Macon-Bibb, GA

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