Brand New 6-Unit Luxury Building- Fully Leased, 13% Cap Rate. Rare opportunity to own a brand new (built 2025) fully-leased 6-unit building leased out to the college students at Fort Valley State University by the room. Each unit is a 3 bed/3 ba, with private bathrooms, in-unit washer/dryers and modern luxuries. Fully furnished (furniture package separate from list price via a bill of sale to seller)$11,880 monthly rental income and hassle-free rent collection. STUDENTS PAY A LUMP SUM each semester and PAY THEIR OWN UTILITIES. Fort Valley has a documented student housing shortage with a current waiting list. Demand bolstered by a new FVSU nursing program and future growth anticipated by a recent commitment for an EV manufacturing plant with Imola Motors. This is a rare turnkey investment offering strong returns and stable occupancy in a high-demand market. Must submit mortgage preapproval prior to viewing.
Property Features
Cooling Information
Ceiling Fan(s)
Central Air
Heating Information
Central
Water Features
Public
Basement
None
School Information
School Information for 411 N. Spillers Street, Fort Valley, GA 31030