INMAN EQUITIES is pleased to present Waverly Pointe Apartments, a 100-unit apartment community located in North Macon, Bibb County, Georgia. This asset is situated in the rapidly-expanding, and highly desirable northwest submarket of Macon along newly enhanced and widened Forest Hill Road. Waverly Pointe is also located two minutes from a major hospital employer and Macon’s only Fresh Market upscale grocery store. Waverly Pointe represents a unique opportunity for multiple avenues for value-add upside within a thriving Middle Georgia market.

An existing storage house and multiple outdoor grassy areas are primed for investment in new high-demand amenities that will allow the subject to better compete with newer comparables.

Northwest Macon is home to the market’s most diverse retail, from big box to destination to organic grocery, including Macon’s only Fresh Market, situated just two minutes from the subject.

Waverly Place is presented in like-new physical condition with no major capital needed to inject in the product. Recent major capital improvements to exteriors include new roofs, new vinyl siding, new windows, and new asphalt w/ stripe and seal.

As of November 2018, Macon has seen an influx of 1,200 added jobs in the past year and was recently named “Mid-Market of the Year” for economic development success. This title is awarded to the city that ranks the highest among all in the Southeast for the highest number and quality of projects captured in a single calendar year. Macon has set job records in the most recent reports. Unemployment rate has fallen from 4.7% this time last year to the current level of 3.9% (November 2018). Jobs grew by 1,200 in November to 104,900, a record high. The job total in Macon is up 1,300 over the year, reflecting an average increase of about 108 jobs per month.