6382 Thomaston rd | Macon-Bibb, GA 31220
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6382 Thomaston rd
Macon-Bibb, GA 31220
Manufactured Housing · Multifamily Property For Sale
·
728 SF
INVESTMENT HIGHLIGHTS
- Located in Macon, GA, a strong rental market with increasing demand for traditional and affordable housing
- Value Add Opportunity – Ability to infill the park’s 33 vacant lots, as well as lease up 11 remaining vacant park-owned units
- The park sits on ±19.98 acres of land, with C-4 Zoning, allowing for continued use as a mobile home park, along with great redevelopment potential.
- Middle Georgia State University – Economic impact, per a University System of Georgia study, was over $288M in 2022.
- Pro Forma Cap Rate – At maximized potential, underwritten pro forma cap rate equates to 27.79%.
PROPERTY FACTS
| Property Type | Multifamily | Building Size | 728 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | C | Year Built | 1983 |
| Lot Size | 19.99 AC | ||
| Zoning | R - Residential | ||
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 19.99 AC |
| Building Size | 728 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Zoning | R - Residential |
PROPERTY TAXES
| Parcel Number | I0070013 | Improvements Assessment | $65,285 |
| Land Assessment | $271,915 | Total Assessment | $337,200 |
PROPERTY TAXES
Parcel Number
I0070013
Land Assessment
$271,915
Improvements Assessment
$65,285
Total Assessment
$337,200
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