2.88 Acres in Valdosta, GA - $3,100,000
Multi Unit - Valdosta, GA
Rare opportunity to buy 11 luxury living duplexes w/ close proximity to Moody Air Force Base in Valdosta GA. 22 doors total, each with 3BR/2BA in controlled/private setting. Recent updates include canned lighting, subway tile backsplash to accent real wood cabinets with refrigerator, range with micro-hood, d/w, and W/D hook-ups. Carpet/tile/stained concrete throughout, walk-in closets, trim, front and back porches & wooden fence buffers for privacy. All units are ADA compatible with wide doors, hallways & roll-in showers. Could divide and sell individual condos / duplexes to maximize ROI. Recent upgrades and desirable N Lowndes Co. location put these units in high demand w/ rents trending upwards. Always at 95-100% occupancy - Proforma cap rate is 6.87% with market rents at $1250/mo and 30% OPEX factor! Jobs, schools, entertainment, recreation, shopping, dining, retail etc all around thi...
Rare opportunity to buy 11 luxury living duplexes w/ close proximity to Moody Air Force Base in Valdosta GA. 22 doors total, each with 3BR/2BA in controlled/private setting. Recent updates include canned lighting, subway tile backsplash to accent real wood cabinets with refrigerator, range with micro-hood, d/w, and W/D hook-ups. Carpet/tile/stained concrete throughout, walk-in closets, trim, front and back porches & wooden fence buffers for privacy. All units are ADA compatible with wide doors, hallways & roll-in showers. Could divide and sell individual condos / duplexes to maximize ROI. Recent upgrades and desirable N Lowndes Co. location put these units in high demand w/ rents trending upwards. Always at 95-100% occupancy - Proforma cap rate is 6.87% with market rents at $1250/mo and 30% OPEX factor! Jobs, schools, entertainment, recreation, shopping, dining, retail etc all around this location! Turn-key AND Value-add opportunities for this solid and proven investment property in excellent location!
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