Shirley Oaks

Shirley Oaks offers a clear opportunity to increase occupancy from fifty percent to full capacity. The modern detached homes provide a solid foundation for growth in the Macon market.

Reviewing the Shirley Oaks offering reveals a structured approach to single-family rental investment. The portfolio comprises twenty-eight homes, with fourteen currently generating documented monthly rent of seventeen thousand two hundred twenty-nine dollars. The average rent per unit is approximately twelve hundred thirty-one dollars, suggesting a solid baseline for valuation. The property taxes are listed at roughly forty-two thousand two hundred dollars annually, which significantly reduces the gross income to a tax-only income figure. What stands out is the potential for the vacant units to contribute to the gross rent, which could reach four hundred thirteen thousand dollars at full occupancy. However, readers must verify if the four leases with prior end dates are actually active. The separation of tenant responsibilities for utilities and garbage simplifies day-to-day costs. For someone considering this company, the clear delineation of duties and the modern, durable interior finishes make this a transparent opportunity, provided the lease statuses are confirmed during due diligence.

The Shirley Oaks portfolio offers an interesting concentration of single-family rentals in Macon. While the concept of a cohesive community simplifies maintenance and leasing, the current occupancy rate sits at fifty percent, which is a significant factor to consider for income stability. The listing highlights tenant-paid utilities and waste, which reduces operating burdens for the owner. However, prospective buyers should note that the gross rent figures are illustrative and exclude key costs like insurance, management fees, and capital expenditures. It is also unclear if the four leases marked as active with past end dates are truly renewed or on a month-to-month basis. This ambiguity suggests that thorough due diligence is required before committing capital, as the stated financials may not reflect the final stabilized net operating income.

Shirley Oaks presents a compelling concentrated investment portfolio in Macon, Georgia. The mix of occupied and vacant units offers clear lease-up potential. Modern detached homes with consistent layouts provide a stable foundation for growth. This structure supports efficient management and long-term value creation for interested buyers.