2815 Churchill St Macon, GA 31204

Listing agency Investors Capital Realty, LLC

Listed by Sarah Vo · License #245190

Source Crexi

Added: Apr 11 Updated: Jul 20 at 5:44PM Checked: Jul 20 at 5:44PM

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Investment Insights

Based on property information with market context.

Churchill Downs is a 20-unit, class C apartment complex made up of 10 duplexes. Each unit has two bedrooms and one bathroom.

The property is located at 2815 Churchill St, Macon, GA 31204. The complex is reported to have an average rent of $644 per unit, with a gross rent multiplier of 1.03% based on actuals and 1.12% based on pro-forma. Leasing is described as mostly Section 8 tenants through the Macon Housing Authority (MHA), and the remarks also note long-term low-interest financing below 6%.

Key Highlights

• 20‑unit Class C apartment complex made up of 10 duplexes (2 bedrooms, 1 bathroom each)
• Avg rent is $644 per unit, supporting a stated gross rent multiplier of 1.03% of actuals (1.12% pro‑forma)
• Listed at $1.25M, or $62,500 per unit, as the stated basis for valuation

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FAQs

What type of property is this?

Duplex - 20-unit class C complex of 10 duplexes, each with two bedrooms and one bathroom.

Where is this duplex located?

The property is located at 2815 Churchill St Macon, GA.

What are key features of this property?

This property features: 20‑unit Class C apartment complex made up of 10 duplexes (2 bedrooms, 1 bathroom each); Avg rent is $644 per unit, supporting a stated gross rent multiplier of 1.03% of actuals (1.12% pro‑forma); Listed at $1.25M, or $62,500 per unit, as the stated basis for valuation