(143511) Student Housing Complex Near University, Fort Valley, GA Sold

  • $239,900 - CCR 39%
Sold

Collect $9,050/month OR MORE on this 28 units Students Housing at Fort Valley State University, GA

Excellent Cash Flowing Property!

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

For a price of Single Family Home, you can have 28 income-producing units!

PRICED TO MOVE QUICKLY: $239,900

This multifamily property offers multiple money-generating strategies:

• Student Housing within Fort Valley State University, GA Campus
• Current Occupancy: 83%
• CAP Rate on Actuals: 14%
• $43,992 estimated annual NOI
• Cash on Cash Return: 39%
• Perfect Student Family Housing with great income potential
• 35 min drive from Macon, GA
• Value play: Rent Increase!
• 1.5 hour drive from Atlanta, GA

This is an off-market deal.

Price:
$239,900 - CCR 39%
Address:
212 Rayfield Wright St
Fort Valley, GA 31030
Terms:
For Sale
Property Type:
Apartment

Property Location