Property Address: 108 Ronald Pride Blvd, Fort Valley, GA, 31030-3405
Average square foot calculated using Size range provided by listing agent.
Description
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 purchased separately) with no monthly rent collection and students pay 100% of the utilities. 2023(Dec) built duplex - multiple units available including some triplexes ($445K). All units are 3 bed/2 bath units per side. Duplex - total 6 bed/4 BA. Triplex - 9 bed/6 BA. All are rented to students at Fort Valley State University by the room. Total monthly income is $3, 500 (duplex) $5, 250 (triplex). Students pay ALL utilities and pay for the entire semester in one lump sum. Entire community is student rentals. Must submit mortgage preapproval prior to viewing. Lender-Anthony Thornton, Guaranteed Home Loans, 678-314-7764