106 Ronald Pride Blvd - Apartments FOR SALE


Fort Valley, GA 31030
$297,000 USD
510-776-5325
106 Ronald Pride Blvd, Fort Valley, GA for Sale
$297,000 USD
Apartments - FOR SALE
1/22
null | 11% Cap Rate

106 Ronald Pride Blvd
Fort Valley, GA 31030


HIGHLIGHTS

  • 11% Cap Rate - fully leased and furnished duplexes & triplexes in a high-demand college town with zero monthly rent collection hassle

OVERVIEW

AMAZING TURNKEY INVESTOR OPPORTUNITY! 2023 & 2024 built duplexes and triplexes ($445K). INSTANT EQUITY - ALL UNITS are 100% occupied w/ student tenants, rented by the room. All units are 3 bed/ 2 ba on each side(total 6 beds, 4 baths per duplex) (total 9 beds, 6 baths per triplex) - 4 duplexes available, each generating $3,500/mo income. 4 Triplexes available, each generating $5,250/mo. Students pay their own utilities AND students pay for the semester in one lump sum, eliminating the hassle of collecting rent monthly. You will receive a lump sum twice a year and monthly in the Summer (June/July). Leases are from Aug. 1-May 15 This is a cash flowing complex in a thriving student rental market with a housing shortage and high demand. All units are furnished. PLEASE NOTE: Furniture package is NOT included in the price and is billed separately via a bill of sale to seller. DUE TO UNITS BEING OCCUPIED, MUST SUBMIT MORTGAGE PREAPPROVAL PRIOR TO VIEWING. Preferred lender already in place - Anthony Thorton, CEO, Guaranteed Home Loans - 678-314-7764. TRIPLEXES MUST BE CASH ONLY! MUST CALL LISTING AGENT TO VIEW. 48 HOUR NOTICE REQUIRED. DO NOT DISTURB TENANTS.

FOR SALE DETAILS

PRICE

$297,000 USD

PRICE/SF

$149 USD /SF

# OF UNITS

2

PRICE/UNIT

$148,500

CAP RATE

11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully leased out Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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510-776-5325

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Jill JoneseXp CommercialMore Info
510-776-5325

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