$2.5 Million Non-Performing Multifamily Loan | Macon MSA
Market Price
1105 Edwards Rd, Fort Valley, GA 31030
79,408 sqft
Building Size
10.96 acres
Lot Area
Details:
Highlights:
- Path to Ownership: The non-performing Loan provides investors with a potential path to title at a significant discount to replacement cost
- Value-Add Opportunity: The current state of the Property allows investors to unlock significant upside potential through the implementation of efficient property management practices
- Attractive Unit Mix: The Property offers a diverse unit mix with 1–4-bedroom layouts and a weighted average size of 827 SF, catering to a broad tenant base including larger families
- Stable Employment Base: Located in the Warner Robins submarket, the Property benefits from a stable government and manufacturing employment base, with record absorption levels strengthening multifamily demand across the metro.
Description:
Ri Marketplace Online Auction March 23-25, 2026
Register to bid on Marketplace
https://rimarketplace.com/auction/3020/2.5-million-non-performing-multifamily-loan-macon-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_3020
Jones Lang LaSalle ("JLL") and Real Insight Marketplace are pleased to offer for sale a $2.5 million non-performing multifamily loan (the "Loan"). The Loan is secured by a first-lien deed of trust on a 96-unit multifamily property in Fort Valley, GA (the "Collateral" or "Property”).
The Loan was originated in September 2021 with an original principal balance of $2.6 million and a maturity date of October 2028. The Loan was structured with a floating interest rate of SOFR + 2.90%, including an initial 24-month interest-only period, followed by amortizing payments beginning in November 2023 for the remainder of the term. As of January 2026, the Loan is non-performing with a current principal balance of $2.5 million.
The collateral comprises a 7-building, 96-unit multifamily property located on 10.96 acres in Fort Valley, Georgia. The Property was constructed in 1972 and operates under a HAP contract with HUD. As of June 2025, the Property is approximately 85.4% occupied.
Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.
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Location
Gallery