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347 College St
Macon, GA 31201
The Massee Apartments · Build-to-Rent Property For Sale · 76 Units

PROPERTY FACTS

No. Units 76
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Mid-Rise
Costar Property Class C
Total Plot Size 1.03 ac
Property Size 54,256 sq ft
Average Occupancy 91%
No. Floors 8
Year Built 1924
Parking Allocation 0.92/1,000 sq ft
Use Class HR-3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Crown Moulding
  • Kitchen
  • Wooden Floors
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Built-In Bookshelves
  • Freezer

SITE AMENITIES

  • Controlled Access
  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Walking/Biking Trails
  • Bicycle Storage
  • Lift
  • Online Services

ABOUT 347 COLLEGE ST , MACON, GA 31201

The property consists of a desirable and unique unit mix of (22) Studios, (27) One Bedroom/One Bathroom, (14) Two Bedroom/One Bathroom, (8) Efficiency, (12) Two Bedroom/One Bathroom, (2) Two Bedroom/Two Bathroom, (3) Three Bedroom Units. This offering presents the opportunity for an investor to own an extremely sought-after historic apartment building in a high demand rental market that still has tremendous growth potential, all while having the opportunity to recapture an estimated 15-20% in rental upside.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
Q073-0089
Land Assessment
£20,022
Improvements Assessment
£472,011
Total Assessment
£492,034
  • Listing ID: 17194091

  • Date on Market: 13/09/2019

  • Last Updated:

  • Address: 347 College St, Macon, GA 31201

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