4090 Napier Avenue, Macon, GA 31204 (MLS# 176723)

4090 Napier Avenue, Macon, GA 31204

$650,000
Property Type: Commercial Sale Lot Size (sq. ft.): 248,728 Status: Active
Current Price: $650,000 List Date: 4/12/2025 Last Modified: 4/12/2025

Description

A Potential Lucrative Redevelopment Venture. A proposed Multi-Family Apartment Community development which already has Planning and Zoning approval. The apartment development is a +/-5.7 acre tract located at 4090 Napier Ave Macon, GA 31204 The development includes a total of 120 proposed units among 5 buildings. Each building will have 24 units. Each unit will consist of 2 bedrooms. The units are approximately 1100 sq ft. each and can lease up to $1050.00 monthly. Grossing over $1,500,000.00 annually. The site is a former school and the existing structures will need to be demolished to make way for the development. The existing gymnasium building will serve as a community center and clubhouse for the apartment community. ( see site development plan) Great location and offers proximity to I-75 and I-475. Convenient shopping, restaurants and schools.

More Information MLS# 176723

Contract Information

Property Sub-Type: Mixed Use List Price: $650,000 Current Price: $650,000 List Date: 2024-09-23 REO: No Seller willing to offer Buyer Broker Compensation: Yes Buyer Brokerage Compensation: 2.5 Buyer Brokerage Compensation Type: % Listing Type: Exclusive Right To Sell

Location Tax Legal

Street #: 4090 Street Name: Napier Street Suffix: Avenue State: GA Zip Code: 31204 County: Bibb

General Property Info

Acres: 5.71 Acreage Source: Public Records New Construction: No Zoning Code: R-2 Apx Warehouse SqFt: 16570

Status Change Info

Status: Active

Property Features

Suggested Use: Apartments Heating: Central Cooling: Central Air Zoning: Multi-Family Recommended Zoning: Multi Family
Listing Office: Covenant Realty Associates, LLC
Last Updated: April - 12 - 2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Mid GA MLS. Data provided is deemed reliable but is not guaranteed.

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