Stabilized Multifamily Asset with
2360 Tredway Dr, Macon, GA 31211
Workforce housing with rent upside and assumable financing.
Type:Multifamily
Property size:
107,100 SF- Added:
- Mar 5, 2026
- Days on Market:
- 69
- Last Refresh:
- Mar 16 at 2:47 pm
Property Features for 2360 Tredway Dr
General Information
- Standard status
- Active
- Size
- 107,100 SF
- Property subtype
- Multifamily
Listing agent John Bergin License #206244
Listing date Mar 5, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of John Bergin
HighLights
- Assumable Fannie Mae agency financing with a projected blended interest rate in the low 6% range, below prevailing market rates.
- Significant mark‑to‑market rent opportunity with long‑term legacy residents paying below‑market rents.
- Currently operating at approximately 94% occupancy with strong collections.
- Opportunity to increase gross monthly rent from approximately $81,000 to $95,000+ without heavy renovation programs.
- Proven ability to achieve higher rents ($900 for 2‑bedroom, $1,200 for 3‑bedroom) through low‑cost unit improvements.
- Large 2- and 3- bedroom units cater to the high‑demand workforce housing segment.
Overview
The Oaks is a multifamily property operating at approximately 94% occupancy. It caters to the workforce housing segment, featuring 2- and 3-bedroom units. These units are in demand due to their affordability and size compared to newer constructions. The property has demonstrated the potential to achieve $900 rents on 2-bedroom units and $1,200 rents on 3-bedroom units through updates such as flooring, painted cabinetry, and cosmetic improvements. A portion of the tenant base consists of long-term residents paying rents below market levels, presenting a mark-to-market opportunity. With a current rent roll of approximately $81,000 per month, there is a pathway toward $95,000+ per month in gross rent. The investment includes assumable Fannie Mae agency financing, allowing buyers to assume below-market senior debt and layer a supplemental loan, producing a projected blended interest rate. Financing can be structured at approximately 75% loan-to-value through a combination of assumable agency debt and a concurrent supplemental loan. The Oaks is located in Macon, GA and consists of a 107100 square foot property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
The Oaks
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.5942091
- Latitude
- 32.8625985
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Workforce housing with rent upside and assumable financing.
Where is this apartment building located?
The property is located at 2360 Tredway Dr Macon, GA.
What are key features of this property?
This property features: Assumable Fannie Mae agency financing with a projected blended interest rate in the low 6% range, below prevailing market rates.; Significant mark‑to‑market rent opportunity with long‑term legacy residents paying below‑market rents.; Currently operating at approximately 94% occupancy with strong collections.
