Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 96% Occupied
  • Easy to manage, located close to each other
  • Major updates and repairs done
  • Buildings are in great location
  • Steady tenant pool, vacancies fill within a month
  • No investment in cap repairs needed

Executive Summary

Turn-Key Multi-Family Portfolio | 9-Unit Total
A 6Plex and a 3Plex (can be sold together or separately)
Macon, GA (B+ Location | 9.5%–10% Projected Pro-Forma NOI)
Exceptional opportunity to acquire a stabilized, high-performing residential portfolio consisting of a 6-plex and a 3-plex located just two minutes apart in Macon’s desirable B+ corridors. These assets are in mint condition with all major capital expenditures completed, offering a "plug-and-play" investment for both seasoned and new investors.
Strategically situated near Downtown Macon and just an hour’s drive from the Atlanta MSA, these properties benefit from a robust rental pool and the steady economic growth of the 60-mile Atlanta commuter radius. Currently 100% occupied, the portfolio offers immediate cash flow with a clear path to a 9.5%–10% NOI within 12 months through scheduled lease renewals to market rates.
Investment Highlights
Mint Condition Assets: Fully renovated with all major upgrades completed; minimal near-term maintenance required.
100% Occupancy: Historically high retention with a consistent pool of steady-income tenants.
Immediate Upside: Current rents are below market; significant NOI growth achievable upon first-year renewals.
Prime B+ Location: Nestled in a quiet residential area just 2 minutes from Downtown Macon and near major transit routes.
Portfolio Flexibility: Buildings can be sold together as a 9-unit package or as individual 6-plex and 3-plex assets.
Location Overview
Macon, Georgia, continues to be a top choice for investors seeking stability and appreciation outside the high-cost Atlanta core. Located within a 60-mile radius of Atlanta, Macon serves as a regional hub with a diverse economy and a reliable renter demographic. These properties are perfectly positioned to capture the overflow of the expanding Atlanta workforce.
Sale Terms
Financing: Cash, Conventional, or Non-Conventional (Hard Money) only.
Note: No Seller Financing, Seller Carry, or "Creative Financing" options available.
Submission: All Letters of Intent (LOI) must be accompanied by Proof of Funds (POF) or a Bank Pre-Approval Letter to be considered.
Property Breakdown
Asset A: 6-Unit Multifamily (Macon, GA)
Asset B: 3-Unit Multifamily (Macon, GA)
Total Units: 9
Occupancy: 100%
Projected NOI: 9.5% – 10% (Pro-Forma)

Attachments

1071-79 Walnut T12-Rent Roll-Proforma-2026
1071-79 Walnut T12-Rent Roll (Actual) 2025
1896 3rd Ave T12-Rent Roll- 2025-Actual
1893 3rd Ave T12-Rent Roll- 2026-Proforma

Data Room Click Here to Access

Taxes & Operating Expenses (Pro Forma - 2026)

Annual (CAD)
Gross Rental Income $132,774
Other Income -
Vacancy Loss -
Effective Gross Income $132,774
Taxes $6,855
Operating Expenses $10,992
Total Expenses $17,847
Net Operating Income $114,928

Taxes & Operating Expenses (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $132,774
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $132,774
Taxes (CAD)
Annual $6,855
Operating Expenses (CAD)
Annual $10,992
Total Expenses (CAD)
Annual $17,847
Net Operating Income (CAD)
Annual $114,928

Property Facts

Price $1,196,720 CAD
Price / SF $145.00 CAD / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 8,253 SF
Total Land Area 0.35 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1071-1079 Walnut St, Macon, GA 31201 Multifamily 6,500 SF 1996 -
1893 3rd Ave, Macon-Bibb, GA 31201 Multifamily 1,753 SF 1949 -
Show More > < Show Less
  • Listing ID: 31157283

  • Date on Market: 2024-03-08

  • Last Updated:

  • Address: Portfolio of 2 Assets in Macon, GA, Macon, GA

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}