Rare opportunity!!!
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 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 5.42% with current rents at $995/mo and 30% OPEX factor! Jobs, schools, entertainment, recreation, shopping, dining, retail etc all around this location!
| Property Type | Multi-Family |
|---|---|
| Zoning | P-D |
| Listing ID | 4JDMJV |
| MLS ID | 127922 |
| Style | Multi-Family (Over 20 Units) |
| Roof: | Asphalt Shingle Roof |
| Lot Description: | Access Type - Road |
| Cooling: | Central A/C - Electric |
| Road Type: | City / Town Street |
| Heating - Fuel Type: | Gas |