5307 Houston Rd - Apartments FOR SALE


Macon-Bibb, GA 31216
$815,000 USD
850-780-0728
5307 Houston Rd, Macon-Bibb, GA for Sale
$815,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

5307 Houston Rd
Macon-Bibb, GA 31216


OVERVIEW

**Investment Opportunity: Apartment Complex 7 Buildings - 11 Units Presenting a fantastic investment opportunity with this multi-family apartment complex off of Houston Rd in Macon, GA. Fully occupied and generating strong rental income. Ideal for seasoned investors, this property offers consistent cash flow and future growth potential. **5307 Houston Rd - 7 Buildings, 11 Units on 3.23 Acres:** (Parcel ID - O120-0104) - 7 buildings with 11 units - 3 buildings with 2-bedroom, 1-bathroom units, each with a screened porch - 4 duplexes with 2 studio units per duplex (8 studios total), all with walk-in shower bathrooms - Each unit has a back patio, washer/dryer, AC system, fridge, stove, and dishwasher - Dedicated parking available - Spacious 3.23-acre lot with room for future development **Key Details:** - Tenants pay for electricity; owner covers water and garbage - Gross Yearly Income: $92,880 with full occupancy - Great rental potential and ideal for expanding an investor's portfolio **PLEASE DO NOT DISTURB TENANTS**

FOR SALE DETAILS

PRICE

$815,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

11

PRICE/UNIT

$74,091

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,296 SF

ZONING

-

APN/PARCEL ID

O120-0104

ASK ABOUT THIS PROPERTY

Darlyne ZoltakHH RealtyMore Info
850-780-0728

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Darlyne ZoltakHH RealtyMore Info
850-780-0728

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.