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2425 University Dr | Valdosta GA | 6288246908

John Courson

This listing was posted on John Courson (via ListedBuy).

$236,000

Valdosta 5BA, Package deal for 4 single-family homes all in

Price:
$236,000
BR/BA:
10+ BR, 5 BA
Location:
2425 university dr, Valdosta, GA
Description:

Package deal for 4 single-family homes all in same neighborhood with tremendous value-add potential. College Park subdivision is in high rental demand because of central Valdosta! South Georgia Medical Center & Valdosta State University N Campus - each only blocks away! Easy access to Moody AFB via Bemiss Road & shopping, jobs, schools, dining, entertainment all around these investment properties. 100% occupancy now - Addresses, BR/BA mix, and rents are: 417 Seymour St - 3/1 at $525, 2425 University Dr - 2/1 at $550, 2428 Knox Dr - 3/2 at $550, & 2405 Giddens Dr - 3/1 at $495. Several long-term residents at fixed rental rates and lease end dates approaching provides a rare value-add play to bump rents soon or when they turn! $2120/month current rents could conservatively bump to $2590/mo or more and put this at 8.56% proforma cap rate with 35% operating expense factor. Rent Roll avail.
Property Type:
Condos, Townhouses & Apts for Sale
Sq feet:
4,685 sq. ft.
For sale by:
By Owner
Agent Name:
John Courson
MLS Number:
128164
February 11 on ListedBuy
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More About this Listing: Valdosta 5BA, Package deal for 4 single-family homes all in
Valdosta 5BA, Package deal for 4 single-family homes all in is a 10+ BR 5.5 Bath Condos for Sale at 2425 University Dr in Valdosta GA. Find other listings like Valdosta 5BA, Package deal for 4 single-family homes all in and listings near 2425 University Dr by searching Oodle Classifieds for 10+ BR 5.5 Bath Condos for Sale in Valdosta GA.