Listed by Bob Mathews
$445,000
Triplex for sale near Fort Valley State University
Details
APN 00000000000
Property Type Multifamily
Sub Type Student Housing
Net Rentable (SqFt) 3,300
Units 3
Beds 6
Cap Rate 11.00%
Occupancy 100%
Price per SqFt $134
Broker Co-Op Yes
Class B
Year Built 2023
Acreage 0.198 - 0.199
Zoning residential
Parking Spaces 6 per unit
Occupancy Date 08/01/2024
High-Yield Investment - Fully Rented Triplex- 11% Cap Rate
Marketing description
HIGH-YIELD INVESTMENT - Fully Rented Triplex - 11% Cap Rate
Monthly rental income $5,925
All Turnkey units are fully leased and furnished, generating EXCEPTIONAL cash flow with an 11% cap rate
Tenants cover all utilities
No monthly rent collection - Students pay in 1 lump sum for the entire semester.
Prime Investment opportunity in a high-demand college town with a housing shortage!
Mortgage pre-approval required prior to viewing. Preferred lender in place - Jesus Sanchez, Nexa Mortgage, 470-206-9146 Jsanchez@nexamortgage.com
Contact listing agent - Jillian Jones, Realtor @ Realty Hub - 510-776-5325, [email protected] for viewing appointment
48-hour notice required for showing.
Investment highlights
11% cap rate
Listing Contacts
Listed by Bob Mathews
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