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.