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Multifamily

Historic Downtown Macon Portfolio

876 Mulberry St, Macon, GA 31201

Listing Price: $6,250,000

Cap Rate
1.00%
Number of Units
60
GRM
6,250,000.00
Price/Unit
$104,167

Investment Overview

Marcus & Millichap is pleased to present a high-performing multifamily portfolio in the heart of downtown Macon. Featuring historic brick architecture paired with modernized exteriors, these loft-style residences offer a highly desirable living experience. With an impressive average occupancy of 91% and strong rental demand, the portfolio presents an excellent opportunity for investors to capitalize on future rent growth and long-term value appreciation.

Investment Highlights

  • $350 - $475 below market rents
  • Located in the fast growing, vibrant downtown area of Macon, Georgia
  • Historic brick walls, hardwood floors, and modernized loft units
  • 91% occupied between the two properties
  • Incredible downtown views

Exclusively Listed By

Financing By

Multifamily

Historic Downtown Macon Portfolio

Listing Price: $6,250,000

Cap Rate
1.00%
Number of Units
60
GRM
6,250,000.00
Price/Unit
$104,167

Investment Highlights

  • $350 - $475 below market rents
  • Located in the fast growing, vibrant downtown area of Macon, Georgia
  • Historic brick walls, hardwood floors, and modernized loft units
  • 91% occupied between the two properties
  • Incredible downtown views

Investment Overview

Marcus & Millichap is pleased to present a high-performing multifamily portfolio in the heart of downtown Macon. Featuring historic brick architecture paired with modernized exteriors, these loft-style residences offer a highly desirable living experience. With an impressive average occupancy of 91% and strong rental demand, the portfolio presents an excellent opportunity for investors to capitalize on future rent growth and long-term value appreciation.

Exclusively Listed By

Financing By

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