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1335 Hartley St
Macon-Bibb, GA 31206
Vista Oaks Townhomes · Multifamily Property For Sale
·
28 Units
Investment Highlights
- 28-unit townhome community built in 1974 with 100% two-bed/1.5-bath unit mix
- All kitchen and bathroom cabinets replaced in the past couple of years
- In-place rents below competitive rental set, supporting continued rent growth
- Roof replaced 3 years ago; all HVAC units replaced in the past 5 years
- 93% occupied with current average rent of approximately $908 per unit 69/150 (min 80)
- Situated on approximately 1.99 acres at low-density of ~14 units per acre
Executive Summary
Maxx Bauman
License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
Property Facts
| Price Per Unit | $63,464 | Lot Size | 2.02 AC |
| Sale Type | Investment | Building Size | 35,558 SF |
| Cap Rate | 8.36% | Average Occupancy | 89% |
| No. Units | 28 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Parking Ratio | 1.69/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-2 | ||
| Price Per Unit | $63,464 |
| Sale Type | Investment |
| Cap Rate | 8.36% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.02 AC |
| Building Size | 35,558 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.69/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 28 | - | 1,080 |
Property Taxes
| Parcel Number | O104-0169 | Improvements Assessment | $204,107 |
| Land Assessment | $51,740 | Total Assessment | $255,847 |
Property Taxes
Parcel Number
O104-0169
Land Assessment
$51,740
Improvements Assessment
$204,107
Total Assessment
$255,847
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