Madison on Mercer

Tripod Properties renovated this 82-unit development in Macon, Georgia, identified as a market with favorable upside: local market dynamics include the addition of a new Amtrak station and growth at nearby GEICO offices, which employs 7,500 people. Macon has a low supply of multifamily residential housing with very few new projects under construction. We are investing $2.29 million in unit upgrades over 18 months, with a completion date set at December 2022.