132 Macon Street
|Property Type:||Residential Rental Building/6 Units|
|Updates:||Renovation and rented, pending refinancing|
|Completion Date:||August 2020|
132 Macon Street is a 4-story building with 6 residential units, which was purchased by East Group Capital (“EGC”) for $1.57M. EGC had and invested approximately $330M for renovating the building which included the renovation of all 6 apartments, as well as the common areas, basement, and roof. The renovations were completed in the summer of 2020, and all 6 apartments had been rented. The first refinancing is expected to be finalized in January 2021.