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29531267
29531268

700 Carmen Ave, Fort Valley, GA 31030 For Sale

JJ
GA 395680
Bob Mathews
Listed by Bob Mathews
$270,000
167 days on market
Updated 26 days ago
Opportunity zone

Investment Duplex for Sale- 10% Cap Rate

Details
APN 2467
Property Type Multifamily
Sub Type Student Housing
Square Footage 1,350
Units 1
Beds 4
Cap Rate 10.00%
Occupancy 100%
Price per SqFt $200
Broker Co-Op Yes
Class B
Year Built 2024
Investment Type Stabilized
Ground Lease No

Investor Duplex - 10% Cap Rate - Fully Leased

Marketing description

AMAZING INVESTOR OPPORTUNITY! 10% Cap rate! 2024 built duplex. Fully occupied, generating $2,600/monthly rental income with no monthly rent collection. Tenants pay a lump sum each semester. Seize this prime investment opportunity in a high-demand college town facing a documented housing shortage. Duplex is a 2 bed/1 bath per side (total - 4 bed/2 ba) and are rented to students at Fort Valley State University by the room. COMPLETE TURNKEY - FULLY LEASED & FURNISHED, STUDENT PAY THEIR OWN UTILITIES. MUST SUBMIT MORTGAGE PREAPPROVAL PRIOR TO VIEWING - LENDER - JESUS SANCHEZ, NEXA MORTGAGE - 478-206-9146

MUST CALL LISTING AGENT TO SHOW- Jill Jones - 510-776-5325 [email protected]. 48 HR. NOTICE REQUIRED.

MUST CLOSE WITH MARTIN WILSON LAW, MACON

Investment highlights

10% Cap Rate

100% Occupied

Tenants pay all utilities

No monthly rent collection - Tenants pay 1 lump sum each semester

Listing Contacts

JJ
GA 395680
Bob Mathews
Listed by Bob Mathews

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Additional Information

Name
Jill Jones
License
395680
Brokerage Phone
5107765325
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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