(151547) REHAB SPECIAL Huge 42-Unit Apartment Complex Priced to Move Quickly, Macon, GA Sold

  • $525,000
Sold

*** Great 42 Unit Multifamily Rehab Opportunity!***
($800,000 Income Potential)

42 units Apartment Complex (Townhomes)
In Macon, GA
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?
Now you can own 42 income-producing units through one property purchase!
PRICED TO MOVE QUICKLY:  $525,000
This multifamily property offers multiple money-generating strategies:
 Great REHAB Investment Opportunity!
 Great Location: Property in Macon, GA, home of Mercer University, Middle Georgia State University.
 1978 Built, Brick Construction
 New Roofs
 Rent Increase Upside
 Opportunity: Complete Rehab with $800,000 Income Potential.
 8 min drive from Mercer University
 6 min drive from Middle Georgia State University
 Centrally located between Hwy 80 and interstate 475 allowing tenants easy access to employment, shopping, and entertainment
 Great Unit Mix (6 are 3 Bed/1.5 Bath, 36 are 2 Bed/1.5 Bath, all Town Home Style units
 (Complete Rehab Project, Contactor & Lender will be provided.
 Estimated Rehab Cost max. $15,000/door)
 $800,000 Income Potential
 Major Employers :Medical Center of Georgia, Robins Airforce Base, GEICO Insurance, Coliseum Health Systems, Boeing, Walmart, IKON, Mercer University School of Medicine, Middle Georgia State University
 No Seller Financing
 Excellent Professional Property Management Company available
 Perfect for 1031 Exchange
 Purchase Price $525,000

 

Price:
$525,000
Address:
4995 Bloomfield Rd
Macon, GA 31206
Terms:
For Sale
Property Type:
Apartment

Additional Features

Property Location