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 NOT included in the list price, purchased separately via a bill of sale directly to seller). NO MONTHLY RENT COLLECTION and TENANTS PAY 100% OF THE UTILITIES. Multiple units available, including 2 duplexes ($297K each). All units are 3 bed/2ba units per side. Duplex-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 $5, 250. Duplex is $3, 500/mo. Students pay all utilities and pay for the entire semester in the lump sum. Entire community is student rentals. Must submit mortgage preapproval prior to viewing. Lender - Anthony Thornton, Guaranteed Home Loans, 678-314-7764Show Description
MLS® Number10536284
Laundry Level
Central VacNo
FireplaceNo
Acreage0.25
Exterior
GarageNo
Approx. Age2024
BasementNone
DrivewayOver 1 Space per Unit
Garage Spaces
HeatCentral
A/CCeiling Fan(s), Central Air
Heating Fuel
Extras
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