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MLS Number:
140403
List Price:
$2,732,000
Bedrooms:
# Full Baths:
# Partial Baths:
Area:
11-Other
Historic District:
Direction:
Street #:
*
Street Name:
Brookwood Drive - 33 door portfolio
City:
Valdosta
State:
GA
Zip Code:
multi
Garage Dimensions:
Carport Dimensions:
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Heating:
Other
Cooling:
Other
Water:
Public
Appliances:
Other
Recreation:
Year Built:
HOA Fee:
No
HOA Fee $:
Interior Features:
Other
Exterior Features:
Other
Parking:
Other
Pool:
Restrictions:
Property Type:
Investment
Property Description:
Check out this rare opportunity to grow your investment portfolio in both a quick and calculated way! 33 doors total comprised of 29 single family homes and two 2 duplexes with all locations in City of Valdosta except 2 doors (City of Adel). High occupancy with stable and turn-key income in place to collect on day 1 of ownership. Current monthly gross rent is $27, 320 making this price point a proven "1% Rule" deal while $82 / sq ft is well under replacement cost or individual re-sale values for these homes and locations! Multiple homes on E Brookwood, Lausanne, Vallotton, and Ponderosa. Others are scattered but mostly in the heart of thriving and high-growth Valdosta market with jobs, schools, entertainment, commercial etc in every direction. Locations include Baytree, Deborah and Iola Drives, Lexington, Falling Leaf, Charter Oaks, Sustella, Stillwater, Ann, Troup, Frederick, Lee, Force all in Valdosta. Locations in Adel are Wayne and Seventh Streets. Full rent roll available for qualified prospects. All homes have city utilities direct billed to the tenants and are managed by local PM team. Seller may finance a small portion of the deal at negotiated terms but not the entire deal.
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