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3389 Sherry Drive, Macon, GA, 31206

Linkwood Manor
$2,670,000

Key Information

Cap Rate
10.74%
GRM
5
$ per SF
$81
Tot. SF
32,885
$ per unit
$47,679
Units
56
Year Built
1968
Type
Apartments

Highlights

  • Individually metered for electricity – Tenants pay direct to Georgia Power
  • Rent includes water/sewer expense
  • Complex has buildings that were built on both Slab & Crawl. Roughly 50% mixture
  • HVAC: window units – 90% of the machines are new
  • Wall heaters inside each unit
  • Section 8 Tenants – about 3-5 units
  • 90% of Electric Panels have been upgraded
  • Electrical wiring has been transferred from aluminum to copper.
  • 90% of the units have been upgraded with flooring, countertops, cabinets, and appliances.
  • Washer/dryer hookups
  • No dishwashers
  • Cox Cable available throughout the community

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849 (GA)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203