Entry level very affordable multi-family investment opportunity with rare value add opportunity. Four 1BR/1BA units located in the heart of Valdosta in a quiet cul-de-sac / minimal traffic setting close to Valdosta State University, South Georgia Medical Center, Valdosta Mall, with jobs, entertainment, schools, & places of worship all around!. Great size for these 806 sf flat units with open concept feel flow from kitchen to living room. Big bedroom with two closets, central HVAC and washer / dryer hook-ups in each unit! 2 of 4 units completely remodeled inside to include hardwood look luxury vinyl plank flooring, fresh paint and fixtures, etc and now commanding $625/month rent for most recent tenant make it easy to raise rents to market rates when leases come up or when units turn. $625/month rents post this at a 8.66% proforma cap rate at 35% operating expense factor.
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