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4151 Log Cabin Dr
Macon-Bibb, GA 31204
Magnolia Terrace · Multifamily Property For Sale
·
94 Units
Investment Highlights
- Desirable Unit Mix with Strong Rental Appeal: 80 flats + 14 townhomes, enabling broad renter appeal and absorption flexibility
- Below-Market Acquisition Basis
- Stable Regional Demand Drivers
- Attractive Value-Add Opportunity
- Clear Path to Stabilization: expected to stabilize within 24 months due to strong demand for one-bedroom flats and townhomes
- Efficient Operational Upside
Property Facts
| No. Units | 94 | Building Size | 53,540 SF |
| Property Type | Multifamily | Average Occupancy | 71% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 6.70 AC | ||
| Zoning | R-2 - Residential | ||
| No. Units | 94 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.70 AC |
| Building Size | 53,540 SF |
| Average Occupancy | 71% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | R-2 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Range
Site Amenities
- Picnic Area
- Furnished Units Available
- Trash Pickup - Door to Door
- Walking/Biking Trails
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 79 | - | 510 |
| 2+1.5 | 15 | - | 910 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,735,915 | |
| Land Assessment | $358,832 | Total Assessment | $2,094,747 |
Property Taxes
Parcel Numbers
Land Assessment
$358,832
Improvements Assessment
$1,735,915
Total Assessment
$2,094,747
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