1320 Peav Macon, GA 31206

This 21-unit portfolio presents a value-add opportunity for investors in Macon, Georgia's growing rental market. Consisting primarily of single-family homes, the portfolio offers a foundation with a mix of well-maintained properties and units that present opportunities for strategic renovations. Current rents are below market value, providing upside potential through rental increases. Targeted improvements can further enhance the appeal of these properties and maximize returns. The portfolio is offered at a listing price of $1,485,000. The portfolio spans a range of conditions, from turnkey homes that require minimal attention to properties in need of substantial capital expenditures. Many units fall in the middle, allowing an investor to take a phased approach to renovations and value-add improvements. Strategic upgrades such as modernized interiors, improved landscaping, and energy-efficient features, can increase rents, attract high-quality tenants, and reduce vacancy rates. The property has 90% occupancy. Macon is an increasingly attractive market for real estate investors due to its affordability, strong rental demand, and economic growth. The city benefits from a diverse economy driven by major employers in healthcare, education, and logistics, including Atrium Health Navicent, Mercer University, and the nearby Warner Robins Air Force Base. Macon’s central location in Georgia, along with ongoing infrastructure improvements and revitalization efforts, continues to fuel population growth and housing demand. The Macon-Warner Robins metropolitan area has a total population of 432,109, reflecting a 0.70% increase from 2020 to 2022. Macon-Bibb County has seen a 1.81% employment growth from 2020 to 2021. Strategically located at the intersection of Interstates 16 and 75, Macon offers connectivity to major cities such as Atlanta and Savannah. Ongoing infrastructure improvements, including the reconstruction of the I-16/I-75 interchange, aim to improve traffic flow and safety.