Cash Flowing Rental 3 House Bundle in Macon, GA
Fully renovated and leased. Available for sale on 11/1/23
Cap Rate of 10% after allowing for property management, taxes and insurance
Property #1... 3022 Melbourne Macon, Ga. 31206... 3 bedroom/1 bath with rent of $1250/month. Renovated in 10/23
Property #2...2283 Ballard Pl. Macon, Ga. 31206...3 bedroom/1 bath with rent of $1250/month
Renovated in 10/23
Property #3...645 Rutherford Ave. Macon, Ga....4 bedroom/2 bath with rent of $1399/month
Renovated in 10/23
Renovations include all new paint, new flooring, new or updated heating and air systems, new tubs, new toilets, new bathroom vanities and sinks, kitchen counters, kitchen cabinets, new appliances and light fixtures
All 3 homes are in the Opportunity Zone in Macon, GA
Financials (USD)
Net Operating Income (Annual) $37,500
Asking Price $395,000
Cap Rate 10%
Additional Details
Year Built/Renovated 2023
Percent Occupied 100%
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
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