The Arbors | 128 Units, Built 1973 | Macon, GA
The Offering
Summary
- Offering Price Determined by Market
- Number of Units 128
- Year Built 1973
- Rentable SF 139,600 SF
- Site Size / Density 8.99 Ac / 14.24 Units per Acre
- Average Unit Size 1,091 SF per Unit
The Arbors
- Located in desirable North Macon, GA with Median HHI above $73,000 and proximate to credit retailers such as Starbucks, Chick-fil-A, Kroger and Piedmont Macon North Hospital.
- Stabilized, well-appointed asset with 1,100 SF units, W/D connections in 80% of units, desirable 2 BR/ 2 BA floorplans, & durable & low-maintenance construction features
- Assumable Fannie Mae debt at above 70% LTV, 3.26% rate, 6.5 years of term remaining
- 96% occupied, low delinquency, strong mark-to-market opportunity.
- Majority of units in classic condition with nearby rent comps achieving $150-$175 rent premiums, illustrating further upside potential through interior renovations
Copyright © 2025 The Arbors - Macon, GA. All rights reserved. Powered by SharpLaunch