ENHOUZ™Business Marketplace
Hospitality · For Sale

847 N Garden TER, Macon Active

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Asking price
$100,000
Price / SF
$29.33
Cap rate
—
Sale type
—
Property type
Hospitality
Property subtype
HOTEL,OFFIC,WAREH
Building class
—
Building size
3,409 sq ft
Year built
1945
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
0.57 acres
Zoning
R-2
Frontage
—
Listing #
EN-3515
MLS #
10697174

Prime renovation project with value-add potential and strong ARV upside. Excellent opportunity to reposition this full-rehab multifamily property featuring two separate buildings with a total of six units. The main building offers four 2-bedroom, 1-bath units, and the second building includes two 1-bedroom, 2-bath unit. Property requires complete renovation, providing the ability to customize finishes and maximize rental income potential. Estimated market rents after renovation are projected between $950-$1,200 per month per unit, creating strong income-producing potential and long-term upside. Conveniently located near interstate access, shopping, and dining, offering desirable amenities for future tenants. Property is being sold as-is. Buyer to verify rental estimates and intended use.

Location

GAMLS
Listed by Amber Cryer Realty Group
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10697174

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