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4090 Napier Ave

5.71 Acres of Residential Land Offered at £512,850 in Macon-Bibb, GA 31204

Executive Summary

4090 Napier Avenue Macon, GA. 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 31204The 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.

Property Facts

Price £512,850 Property Type Land
Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 5.71 AC
Price £512,850
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 5.71 AC

1 Lot Available

Lot

Price £512,850 Lot Size 5.71 AC
Price Per AC £89,816
Price £512,850
Price Per AC £89,816
Lot Size 5.71 AC

Description

A proposed Multi-Family Apartment Community development which already has Planning and Zoning approval. 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.

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PROPERTY TAXES

Parcel Number N063-0271 Improvements Assessment £58,014
Land Assessment £27,419 Total Assessment £85,433

PROPERTY TAXES

Parcel Number
N063-0271
Land Assessment
£27,419
Improvements Assessment
£58,014
Total Assessment
£85,433

zoning

Zoning Code R-2 (Residential)
R-2 (Residential)
  • Jerome James
    Jerome James
  • Covenant Realty Associates, LLC
(478) 719-0529

  • Listing ID: 33924822

  • Date on Market: 19/11/2024

  • Last Updated:

  • Address: 4090 Napier Ave, Macon-Bibb, GA 31204

The Land Property at 4090 Napier Ave, Macon-Bibb, GA 31204 is currently available For Sale. Contact Covenant Realty Associates, LLC for more information.

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4090 Napier Ave, Macon-Bibb, GA for sale Site Plan- Image 1 of 3
Screenshot 2024-11-19 171353
4090 Napier Ave, Macon-Bibb, GA for sale Other- Image 2 of 3
Screenshot 2024-11-19 171404

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4090 Napier Ave
(478) 719-0529 x

4090 Napier Ave

Jerome James

(478) 719-0529

(478) 719-0529

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