Matthews Logo

Navigation Menu

4053 Log Cabin Dr, Macon, GA, 31204

Trinity Creek Townhomes

$1,040,000

Key Information

Cap Rate
7.5%
$ per SF
$54
Tot. SF
19,000
Lot Size
3 Acres
Units
20
Year Built
1973 / 2022 (R)
Type
Apartments
NOI
$68,652

Highlights

• 20 Units | Built in 1973
• Uniform unit mix consisting of (20) two-bedroom, one-bathroom townhomes
• ±19,000 SF of gross building area
• Residences averaging ±950 SF
• Current average rent of approximately $778 per unit
• Market Rent: $850
• Situated on approximately 3.00 acres
• Low-density configuration of approximately 7 units per acre
• In-place rents remain modestly below the surveyed market rate, supporting a measured path toward continued rent growth
• All Units are Electric; No Natural Gas
• Majority of plumbing inside the units is PVC. It’s possible that some of the sewage lines are cast iron.
• All units had updates to painting, flooring, countertops, appliances, and new HVAC units in 2021/22.
• All units have W/D Connections
• Electrical wiring has Pigtails from aluminum to copper

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305