478-746-8171

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915 Hill Park

$1,490,000

915 Hill Park
Bibb County
Macon, GA 31201

Listing Agent

Hal Harper, CCIM

Hal Harper, CCIM

Broker | Partner
O: 478-746-8171
M: 478-951-3991
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Google Map of 915 Hill Park Macon,GA 31201

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Property Description

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HISTORIC DOWNTOWN MACON
MULTI-TENANT OFFICE INVESTMENT
21,000± SF | FIVE TENANTS | 9+ CAP RATE

915 Hill Park presents an opportunity to acquire a substantial multi-tenant office investment in Downtown Macon. The property combines historic architectural character with established tenancy and in-place income.  The offering includes a 0.16± acre rear parking lot located at 223 Spring Street, providing an important supporting component for this office property.

  • Three-story building plus basement
  • Five (5) tenants currently occupying the property
  • 0.52± Acre total site
  • Includes 0.16± acre rear parking lot at 223 Spring Street.
  • Zoned CBD-1
  • NOI supports 9+ cap rate

AN INCOME-PRODUCING DOWNTOWN ASSET

The multi-tenant configuration provides diversified rental income within a single investment property.

Its Downtown Macon setting places the building near major employers, healthcare, government, professional services, restaurants and cultural destinations.

INVESTMENT POSITIONING

The property’s current NOI supports an approximate 9+ cap rate based on the $1,490,000 offering price.

Attractive opportunity for an investor seeking an income-producing office asset.

CONFIDENTIAL FINANCIAL INFORMATION

Detailed rent roll and income/expenses are available to qualified prospects upon execution of a Confidentiality / Non-Disclosure Agreement (NDA).

 

Property Details

Sale Type

For Sale

Property Type

Office

Building sq. ft.

21,000 sq. ft. - 21,000 sq. ft. (+/-)

Lot Size

0.52 acres (+/-)

Stories

3

Multi Tenant

Yes

Property Pricing

Sale Price

$1,490,000

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