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153 E Clinton St
Gray, GA 31032
Legacy Park · Multifamily Property For Sale
·
70 Units

PROPERTY FACTS
| No. Units | 70 | Lot Size | 12.45 AC |
| Property Type | Multifamily | Building Size | 56,792 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1985/2017 |
| Zoning | R-3 | ||
| No. Units | 70 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 12.45 AC |
| Building Size | 56,792 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2017 |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Vinyl Flooring
SITE AMENITIES
- Playground
- Property Manager on Site
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Maintenance on site
- Walk-Up
- Smoke Detector
ABOUT 153 E CLINTON ST , GRAY, GA 31032
70 unit multifamily featuring a mix of 1-, 2-, and 3-bedroom flats and townhome units. Property underwent a renovation program in 2017 which consisted of roof replacement, siding replacement with Hardi-plank, paint, new monument sign, and landscaping with significant tree removal. In addition, approximately 65% of the unit interiors were renovated with vinyl plank flooring, all new appliances, lighting package, countertops, and faucets/sinks. All units have full-size washer/dryer connections. New owner has opportunity to continue the renovation program, add washer/dryer machines, implement a utility billback program to recoup utility expenses, and push rents since property is 100% occupied with a waiting list of a dozen pre-qualified applicants. Property is located just 10 minutes north of Macon but in the more much more desirable Jones County school district.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | $527.00 | 540 |
| 2+1 | 20 | $611.00 | 675 - 736 |
| 2+2 | 20 | $631.00 | 1,000 |
| 3+2 | 10 | $696.00 | 1,176 |
PROPERTY TAXES
| Parcel Number | G04 00 347 | Improvements Assessment | $681,303 |
| Land Assessment | $122,800 | Total Assessment | $804,103 |
PROPERTY TAXES
Listing ID: 13856691
Date on Market: 9/21/2018
Last Updated:
Address: 153 E Clinton St, Gray, GA 31032
The Multifamily Property at 153 E Clinton St, Gray, GA 31032 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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