SFR Portfolio in Macon, GA

For Sale

1320 Peavy Dr, Macon, GA 31206

This Macon property for sale is located at 1320 Peavy Dr. The current listed sale price for SFR Portfolio in Macon, GA is $4,252,900.

Contacts

broker
Troy Reynolds

NAI G2 Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 72,164 SF
  • Units 72
  • Date Updated Feb 25, 2025
Macon, Georgia, has experienced modest population growth in recent years, with the Macon-Warner Robins metropolitan area reaching a total population of 432,109, reflecting a 0.70% increase from 2020 to 2022. The city's rental market remains affordable, with a median gross rent of $1,026 between 2019 and 2023. Major employers in the region include Robins Air Force Base, Atrium Health Navicent, and Mercer University, which collectively contribute to a stable economic environment. Additionally, Macon-Bibb County has seen a 1.81% employment growth from 2020 to 2021, indicating a positive trend in job opportunities. Strategically located at the intersection of Interstates 16 and 75, Macon offers exceptional connectivity to major cities such as Atlanta and Savannah. This prime positioning enhances its appeal for businesses and residents alike, facilitating efficient transportation and logistics. Ongoing infrastructure improvements, including the reconstruction of the I-16/I-75 interchange, aim to improve traffic flow and safety, further boosting the city's attractiveness for investment and development.Investment Opportunity: 72-Unit Single-Family & Duplex Portfolio in Macon, GA This 72-unit portfolio presents a compelling value-add opportunity for investors looking to capitalize on Macon’s growing rental market. Consisting primarily of single-family homes with a few duplexes, this portfolio offers a strong foundation with a mix of well-maintained properties and units that present opportunities for strategic renovations. Current rents are significantly below market value, providing immediate upside potential through rental increases. With targeted improvements, investors can further enhance the appeal of these properties and maximize returns. The portfolio is offered at a listing price of $4,252,900, making it an attractive investment with strong cash flow potential. 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. By implementing strategic upgrades such as modernized interiors, improved landscaping, and energy-efficient features, the next owner can not only increase rents but also attract high-quality tenants and reduce vacancy rates. 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. With rental rates on the rise and a competitive cost of living, this portfolio is positioned for strong cash flow and long-term appreciation.
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Highlights

  • Portfolio of 72 units
  • Value-add opportunity for investors
  • Located in growing city of Macon, GA
  • 76% occupancy

Getting around

  • 35/100

    Walk Score ®

  • 32/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Macon, GA
  • Neighborhood Macon-Bibb
  • Zip Code 31206
  • Market Macon

Points of Interest

  • Shell

    0.29 miles

  • Marathon

    0.42 miles

  • Valero

    0.73 miles

  • Sunoco

    2.24 miles

  • Chevron

    2.29 miles

  • Citgo

    2.41 miles

  • ChargePoint

    3.10 miles

  • Blink

    4.54 miles

  • Tesla Supercharger

    8.13 miles

  • Orange Parking Garage

    3.93 miles

  • Red Parking Garage

    4.00 miles

  • InTown Suites Extended Stay Macon GA

    2.37 miles

  • TownePlace Suites Macon Mercer University

    3.04 miles

  • Hilton Garden Inn Macon / Mercer University

    3.12 miles

  • A.R.D.-Systems-Co.

    3.81 miles

  • Discovery Inn

    3.85 miles

  • Quality Inn

    3.87 miles

  • La Quinta Inn & Suites Macon West

    3.88 miles

  • Regency Inn & Suites

    3.92 miles

  • Best Western Inn & Suites of Macon

    3.93 miles

  • Econo Lodge Inn & Suites

    3.93 miles

  • Piggly Wiggly

    0.70 miles

  • Macon Mall

    3.11 miles

  • Big Lots

    3.37 miles

  • Walmart Supercenter

    3.73 miles

  • Ross

    3.83 miles

  • Kroger

    3.84 miles

  • ALDI

    3.92 miles

  • Marshalls

    4.08 miles

  • Publix

    6.03 miles

  • Dollar General Market

    6.30 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Troy Reynolds

NAI G2 Commercial Real Estate

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