Ultra rare opportunity to pick up a 4 duplex portfolio (8 doors) at affordable entry-level price point w/ value-add potential! Each floorplan consists of 2BR/1BA tucked away in the same quiet cul-de-sac setting with unique design characteristics inside and out. Fireplaces, vaulted ceilings, private back yards make these units feel huge & show great! Brand new roofs on all 8 units! Centralized location within Valdosta city limits is close to SGMC, Moody AFB, & VSU -- jobs, schools, retail, entertainment etc all around! 100% occupancy & excellent rental history w/ many long term tenants recently renewed with rental increases for next 12 mos beginning 11-01-22. Currently $4905/monthly gross rent is an 7.29% cap rate at 35% OPEX, but w/ minor interior updating, rents could easily be bumped to $5560/month or just $695/month per door to get to 8.25% or more! Rent Roll available upon request.
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