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Tyrone Townhomes 140 Tyrone Blvd 6 Unit Apartment Building $1,396,811 CAD ($232,802 CAD/Unit) Macon-Bibb, GA 31204
Investment Highlights
- Located within a historic community close to businesses, schools, and services.
- Configured with a diversified unit mix of two- and three-bedroom townhomes.
- Positioned in a submarket with employment, retail nodes, and healthcare clusters.
- Easy access to Interstate 75 connects residents to Downtown Macon and Atlanta markets.
- Fully occupied at the time of prior listing with steady rental demand.
Executive Summary
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.
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.
Property Facts
| Price | $1,396,811 CAD | Building Class | C |
| Price Per Unit | $232,802 CAD | Lot Size | 0.51 AC |
| Sale Type | Investment | Building Size | 8,752 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1967 |
| Apartment Style | Low-Rise | ||
| Zoning | R-3 Multi-Family - Multi Family | ||
| Price | $1,396,811 CAD |
| Price Per Unit | $232,802 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 8,752 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Zoning | R-3 Multi-Family - Multi Family |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
| 3+2 | 2 | - | - |
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | N064-0391 | Improvements Assessment | $235,048 CAD |
| Land Assessment | $18,764 CAD | Total Assessment | $253,812 CAD |
Property Taxes
Parcel Number
N064-0391
Land Assessment
$18,764 CAD
Improvements Assessment
$235,048 CAD
Total Assessment
$253,812 CAD
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Tyrone Townhomes | 140 Tyrone Blvd
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