1000 Crystal Lake Circle Property Description
Crystal Lake is a 235-unit gated community surrounding a tranquil lake on just under 50 acres in Macon Georgia. The existing facilities include a 12-story high-rise with 58 units, a 6-story mid-rise with 24 units, and 153 units in smaller multifamily buildings.
Crystal Lake has been known as the most sought after rental community in Macon. The property is now a reposition opportunity. The apartments are vacant allowing an immediate renovation and new identity. Estimating renovations at $3 million, projections illustrate strong returns, see page 6 of the Offering Memorandum. For additional upside the property has multiple areas to add additional residences facing the lake.
Crystal lake sits on apx. 50 acres of R-3 zoned land in Macon, Georgia between Macon Mall, Middle Georgia State University, and Central Georgia Technical College
1000 Crystal Lake Circle Property Details
Property type: Other
Square Feet: 282316
Year Built: 1971
Off MLS: yes
Tax Value: $55,481
1000 Crystal Lake Circle Location
Click on the map and use the "+" and "-" buttons to zoom in or zoom out
Nearby Schools
-
School Name
Grades
Distance
Veterans Elementary School
4901 Faubus Avenue, Macon, GA 31204
PK-5
0.4 mi
Childrens Friends 42
206 Chambers Cove Drive, Macon, GA 31206
PK
0.4 mi
Peggy's Stay And Play
4628 Bloomfield Road, Macon, GA 31206
PK
0.5 mi
Shining Star Child Development Center
3045 Bloomfield Drive, Macon, GA 31206
PK
0.7 mi
Care-A-Lot Learning Center
3160 Bloomfield Drive, Macon, GA 31206
PK
0.8 mi
