204 Chambers Cove Dr, Macon, GA 31206
2 Multifamily Properties Offered at $8,673,613 in Macon, GA
For Sale
Active
4 pictures
Asking Price $8,673,613
- Property Type
-
Multifamily
- Square Feet
- 104,700 SF
Listing Contacts
Connor Kerns
Austin Graham
- Property Info
Property Overview
Chambers Cove: 208 Chambers Cove Dr, Macon, GA 31206
72 Units, Built-in 1990
Price Target: $70,833/unit
Avg Rents: $926 | Market Avg Rents: $1,011
Current Tax Adjusted Cap Rate: 8.15% | Market Stabilized: 10.54%
Unix Mix: (56) Two Bedrooms and (16) Three Bedrooms Units.
(4) Townhome Units
Average Unit: 958 SF
NOTE: As of 6.7.24 Chambers Cove is 90% Pre-leased and will be 90% occupied in the next 10-14 days
Linkwood Manor: 3389 Sherry Dr, Macon, GA 31206
56 Units, Built-in 1968
Price Target: $57,288/unit
Avg Rents: $668 | Market Avg Rents: $827
Current Tax Adjusted Cap Rate: 7.50% | Market Stabilized: 9.20%
Unit Mix: (40) One Bedroom, (15) Two Bedrooms, and (1) Three Bedrooms
Average Unit: 587 SF
NOTE: As of 6.4.24, the property is 98% occupied.
Around 90% occupied blended between the two properties.
72 Units, Built-in 1990
Price Target: $70,833/unit
Avg Rents: $926 | Market Avg Rents: $1,011
Current Tax Adjusted Cap Rate: 8.15% | Market Stabilized: 10.54%
Unix Mix: (56) Two Bedrooms and (16) Three Bedrooms Units.
(4) Townhome Units
Average Unit: 958 SF
NOTE: As of 6.7.24 Chambers Cove is 90% Pre-leased and will be 90% occupied in the next 10-14 days
Linkwood Manor: 3389 Sherry Dr, Macon, GA 31206
56 Units, Built-in 1968
Price Target: $57,288/unit
Avg Rents: $668 | Market Avg Rents: $827
Current Tax Adjusted Cap Rate: 7.50% | Market Stabilized: 9.20%
Unit Mix: (40) One Bedroom, (15) Two Bedrooms, and (1) Three Bedrooms
Average Unit: 587 SF
NOTE: As of 6.4.24, the property is 98% occupied.
Around 90% occupied blended between the two properties.
Highlights
- Linkwood Manor: 56 Units, Built-in 1968
- Unit Mix: (40) One Bedroom, (15) Two Bedrooms, and (1) Three Bedrooms
- Average Unit Size: ±587 SF
- Chambers Cove: 72 Units, Built-in 1990
- Unix Mix: (56) Two Bedrooms and (16) Three Bedrooms Units.
- (4) Townhome Units
All available spaces
- Space
- Chambers Cove Apartments
- Size
- 71,560 SF
- Space Subtype
- Multifamily
- Space
- Linkwood Manor Apartments
- Size
- 33,140 SF
- Space Subtype
- Multifamily
Nearby Properties
Similar Properties
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