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MLS#10684612
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
NEIGHBORHOODFort Valley
Property Description
TURNKEY 6-UNIT STUDENT HOUSING-FULLY LEASED, 13% CAP RATE- RARE OPPORTUITY TO OWN BRAND NEW turnkey investment. 6-unit building. 2 are available, Ft. Valley, close to the University. Each door in the 6 unit building is a 3 bed/3bath, 18 rooms total in each 6 unit building. Designed for modern student living with private bathrooms, in-unit washer/dryer, luxury flooring and upgraded appliances. Rented by the room to Fort Valley State University students. $12,600 MONTHLY RENTAL INCOME per 6 unit building. Hassle-free rent collection - STUDENTS PAY A LUMP SUM EACH SEMESTER. Tenants pay 100% of utilities. All units are furnished (furniture package separate from list price via bill of sale to seller). High demand market - Fort Valley has a documented student housing shortage with a waiting list. Demand bolstered by the new FVSU nursing program and 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 college town. MUST CONTACT LISTING AGENT TO VIEW-
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Heating: Electric
Lot Size: 0.59 Acres
Stories: 2.0
Taxes: $0
Year Built: 2002
Feature Descriptions
Amenities: Street Lights
Days on Site: 28
Exterior: Vinyl Siding
Parking Notes: Over 1 Space per Unit
Sewer: Public Sewer
Units: 1
Utilities: Electricity Individual Meters
Water: Public
Local Schools
High School: Peach
Middle School: Fort Valley
Elementary School: Hunt
Listed By / Shown By
Listed By
Agency Name: Realty Hub of Georgia, LLC
Agency Phone: 888-900-1801
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 2,466.89 per month $2,181.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $285.83 Homeowner's Insurance
609 B South Camellia Boulevard | MLS# 10684612
This multi-family property located at 609 B South Camellia Boulevard, Fort Valley, GA 31030 is currently listed for sale with an asking price of $980,000. Search Fort Valley real estate on www.clcommercialrealestate.com today.