This listing was posted on COLDWELL BANKER PREMIER REAL ESTATE (via The Real Estate Book).
Valdosta 8BA, Nice portfolio of 4 single-family rentals all
10+ BR, 8 BA
4215 Abingdon Ct, Valdosta, GA
Nice portfolio of 4 single-family rentals all in one neighborhood. Hamilton Pointe S/D is well located between Valdosta proper and Moody AFB with easy access to jobs, entertainment, retail, and schools all nearby in this high-growth section of Lowndes County. Four 3 bedroom / 2 bath rentals, each with excellent rental history and curb appeal. 100% occupied with a couple of longer term tenants in place with room to raise rents to market rates. Each home is 1200 sf for a total of 4802, Homes can be bought in full package for discount price of $470K or $98/sf or $119K individually, well below the cost per square foot to replace. Current monthly gross is $3425 with rents ranging from $775 to $950, professionally managed, rent roll and financials available upon request. Neighborhood rents are trending up to $1050+/mo putting this at a 7.51% proforma cap with 30% opex factor
Condos, Townhouses & Apts for Sale
4,802 sq. ft.
For sale by:
September 14 on The Real Estate Book