3901 Northside Dr

3901 Northside Dr, Macon , GA 31210

MULTIFAMILY For Sale

Year Built: 1973

Floors: 2

Class: B

Available Spaces

SpaceSizeTypePricing
The Arbors - Macon SALE Contact for pricing

Contact

Mack Leath - Global Real Estate Advisors GREA

PHONE: 4049095171

Chandler Brown - Global Real Estate Advisors GREA

PHONE: 7705941915

Description

- Located in desirable North Macon, GA with Median HHI above $73,000 and proximate to credit retailers such as Starbucks, Chick-fil- A, Kroger and Piedmont Macon North Hospital. - Stabilized, well-appointed asset with 1,100 SF units, W/D connections in 80% of units, desirable 2 BR/ 2 BA floorplans, & durable & low- maintenance construction features - Assumable Fannie Mae debt at above 70% LTV, 3.26% rate, 6.5 years of term remaining - 96% occupied, low delinquency, strong mark-to-market opportunity. - Majority of units in classic condition with nearby rent comps achieving $150-$175 rent premiums, illustrating further upside potential through interior renovations