5 condominium units FOR SALE in package deal. Built in 2008, each unit is an awesome 2BR / 2BA open concept design with high end designer finishes at every detail. Granite countertops, 2' blinds, brushed nickel hardware and fixtures throughout. Both bedrooms have walk-ins and nice ceiling fans, carpet, tile, and vinyl throughout. W/D hookups and nice outdoor porches. Perfect location tucked away in quiet neighborhood but so close to everything. Valdosta State University (12,300 fall 2020 enrollment) is only 4 blocks or 0.25 miles away! Rents range from $750/mo to a long term tenant to $900/mo for most recent lease. 7.03% proforma cap at $900/mo market rents and 35% operating expense factor! Each unit individually metered for power / water. Excellent rental history, exterior appearance, location, and interior design / finishes make this a rare investment opportunity for this market!
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