Stabilized Apartment
For Sale
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3901 Northside Dr, Macon, GA 31210
Stabilized North Macon apartment building with W/D connections in 80% of units and 96% occupancy.
Property Size139,600 SF
Days on Market539
Property Features for 3901 Northside Dr
General Information
Standard status
Active
Size
139,600 SF
Class
B
Property subtype
Multifamily
Occupancy
96%
Investment Type
Value Add
Building Details
Year Built
1973
Buildings
11
Stories
2
Units
128
Tenancy
Multi
Listing Agency:
GREA
(770) 594-1915
Listed By:
Mack Leath · License #416431
Source:
Crexi
Added: Feb 16, 2025
Changed: Aug 8
Last Checked: Jul 20 at 7:46PM
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 GREA
Investment Insights
Based on property information with market context.
This stabilized apartment building features 1,100 SF units and desirable 2-bedroom, 2-bath floorplans. Washer and dryer connections are available in 80% of the units, supporting in-unit convenience. The property is described as having durable, low-maintenance construction features, with the majority of units in classic condition.
The asset is located in North Macon, GA, and is proximate to credit retailers including Starbucks, Chick-fil-A, and Kroger, as well as Piedmont Macon North Hospital. The ownership also notes low delinquency and strong occupancy performance.
As presented, the property is 96% occupied and is supported by assumable Fannie Mae debt at above 70% LTV with a 3.26% rate and 6.5 years remaining on the term. The remarks further indicate a mark-to-market opportunity tied to rent comps showing premium outcomes for nearby units through interior renovations.
The asset is located in North Macon, GA, and is proximate to credit retailers including Starbucks, Chick-fil-A, and Kroger, as well as Piedmont Macon North Hospital. The ownership also notes low delinquency and strong occupancy performance.
As presented, the property is 96% occupied and is supported by assumable Fannie Mae debt at above 70% LTV with a 3.26% rate and 6.5 years remaining on the term. The remarks further indicate a mark-to-market opportunity tied to rent comps showing premium outcomes for nearby units through interior renovations.
Key Highlights
- North Macon, GA apartment building built in 1973
- 1,100 SF units with desirable 2BR/2BA floorplans
- W/D connections in 80% of units
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
Demographics for 31210, GA
35,345
Population
15,768
Households
2.2
Avg Household Size
39
Median Age
48%
College-Educated
95%
High-School Grad
41.3 sq mi
ZIP Area
856
Density / Sq Mi
$82,158
Median Household Income
$44,231
Median Earnings
$1,260
Median Rent
$259,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Stabilized North Macon apartment building with W/D connections in 80% of units and 96% occupancy.
Where is this apartment building located?
The property is located at 3901 Northside Dr Macon, GA.
What are key features of this property?
This property features: North Macon, GA apartment building built in 1973; 1,100 SF units with desirable 2BR/2BA floorplans; W/D connections in 80% of units
