Turnkey Student Housing Investment | Fully Leased | Approx. 12.1% Gross Cap Rate. Exceptional opportunity to acquire a fully leased 6-unit apartment building in the thriving student housing market of Fort Valley. Located just minutes from Fort Valley State University, this income-producing property offers immediate cash flow and strong long-term investment potential. The property consists of six spacious 2-bedroom, 1-bath apartments (approximately 1,000 square feet each) and is 100% leased as of August 1, 2026, generating $7,600 per month ($84,800 annually) in gross rental income. 5 units are on a 10 month lease (1,280/mo), 1 unit on a 12 mo lease (1,200/mo) with approximately 50% of the units occupied for Summer (June/July).At the current asking price, the property offers an approximate 12.1% gross cap rate. Designed for simple ownership, students pay one lump-sum payment each semester, eliminating monthly rent collection, and tenants are responsible for all utilities, helping reduce owner expenses and maximize returns. Built in 2008, the property has a proven rental history and shares a parking lot with a brand-new 6-unit apartment building currently under construction, with an estimated completion date of Nov. 2026. The new development further enhances the property's long-term investment appeal while reinforcing the strong demand for quality student housing in the area. Investment Highlights: Fully leased as of August 1, 2026 Gross Rental Income: $7,600/month Approximate 12.1% Gross Cap Rate Six 2-bedroom, 1-bath units (approximately 1,000 SF each) Students pay one lump-sum payment per semester Tenants pay all utilities Low-maintenance, turnkey investment Minutes from Fort Valley State University Excellent opportunity for both new and seasoned multifamily investors. NO SELLER FINANCING AVAILABLE! Showings by appointment only.
Active
Price cut: $115K (7/17)
$650,000
101 Brooks Blvd, Fort Valley, GA 31030
12beds
6baths
--sqft
Multi Family
Built in 2008
-- sqft lot
$624,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 97 days
- 317
- 20
Zillow last checked:
Listing updated:
Listed by:
Jill Jones 5107765325,
Realty Hub of Georgia, LLC
Source: GAMLS,MLS#: 10795133
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Heating
- Electric
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Parking features: Over 1 Space per Unit
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.98 Acres
Details
- Parcel number: F05A 331
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters
Community & HOA
Community
- Features: None
- Subdivision: FV Commercial 207
HOA
- Has HOA: No
- Services included: None
Location
- Region: Fort Valley
Financial & listing details
- Annual tax amount: $4,817
- Date on market: 6/29/2026
- Cumulative days on market: 96 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
$624,800
$594,000 - $656,000
$1,387/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $650,000-15% |
Source: | ||
| 6/29/2026 | Listed for sale | $765,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 31030
Nearby schools
Schools provided by the listing agent
- Elementary: Hunt
- Middle: Fort Valley
- High: Peach
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.


