TURNKEY 6-UNIT STUDENT HOUSING-FULLY LEASED, 13% CAP RATE- RARE OPPORTUITY TO OWN BRAND NEW turnkey investment. 6-unit building. 2 are available, Ft. Valley, close to the University. Each door in the 6 unit building is a 3 bed/3bath, 18 rooms total in each 6 unit building. Designed for modern student living with private bathrooms, in-unit washer/dryer, luxury flooring and upgraded appliances. Rented by the room to Fort Valley State University students. $12,600 MONTHLY RENTAL INCOME per 6 unit building. Hassle-free rent collection - STUDENTS PAY A LUMP SUM EACH SEMESTER. Tenants pay 100% of utilities. All units are furnished (furniture package separate from list price via bill of sale to seller). High demand market - Fort Valley has a documented student housing shortage with a waiting list. Demand bolstered by the new FVSU nursing program and a recent commitment for an EV manufacturing plant with Imola Motors. This is a rare turnkey investment offering strong returns and stable occupancy in a high-demand college town. MUST CONTACT LISTING AGENT TO VIEW-
171 days
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198
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Zillow last checked:
Listing updated:
Listed by:
Jill Jones510-776-5325,
Realty Hub of Georgia, LLC
Source: GAMLS,MLS#: 10684612
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 18
Bathrooms: 18
Heating
Electric
Cooling
Central Air
Appliances
Laundry: In Unit
Features
Basement: None
Has fireplace: No
Property
Parking
Parking features: Over 1 Space per Unit
Features
Levels: Two
Stories: 2
Lot
Size: 0.6 Acres
Details
Parcel number: F05E099
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding
Condition
New Construction
New construction: Yes
Year built: 2002
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Individual Meters
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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