AMAZING INVESTOR OPPORTUNITY! 11% CAP RATE! Seize this prime investment opportunity in a high-demand college town facing a housing shortage! 100% occupied for Fall/Spring. Turnkey-fully leased and fully furnished (furniture package NOT included in the list price, purchased separately via a bill of sale directly to seller). NO MONTHLY RENT COLLECTION. Students pay for the entire semester in one lump sum and students pay 100% of the utilities. All units are 3 bed/2 ba per side - Triplex - 9 bed/6 ba. Multiple units available including a Six plex building- 6 doors- each door 3 bd/3ba- $980K. All units are rented to students at Fort Valley State University by the room. Total monthly income for Triplex is $5,250. Six plex - $12,600/mo. Entire community is student rentals. Must submit mortgage preapproval prior to viewing. Lender - Anthony Thornton, Guaranteed Home Loans, 678-314-7764
Property Features
Cooling Information
Ceiling Fan(s)
Central Air
Electric
Heating Information
Central
Electric
Water Features
Public
Parking
Off Street
Basement
None
School Information
School Information for 118 Ronald Pride Boulevard, Fort Valley, GA 31030