108 Ronald Pride

Fort Valley,GA 31030

$ 297000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Pride Landing

MLS Listing ID 10531002

Year Built 2023

Annual Tax Amount $2,500

Tax Year 2024

Lot Size 0.500 Acres

Property Sub-Type Multi Family,Duplex

Property Description

AMAZING INVESTOR OPPORTUNITY! 11% cap rate. Seize this prime investment opportunity in a high-demand college town facing a housing shortage! 100% occupied for Fall/Spring. Turnkey- fully leased and fully furnished (furniture package purchased separately) with no monthly rent collection and students pay 100% of the utilities. 2023(Dec) built duplex - multiple units available including some triplexes ($445K). All units are 3 bed/2 bath units per side. Duplex - total 6 bed/4 ba. Triplex - 9 bed/6 ba. All are rented to students at Fort Valley State University by the room. Total monthly income is $3,500 (duplex) $5,250 (triplex). Students pay ALL utilities and pay for the entire semester in one lump sum. Entire community is student rentals. Must submit mortgage preapproval prior to viewing. Lender-Anthony Thornton, Guaranteed Home Loans, 678-314-7764

Location

State GA

County Peach

Interior

Heating Central

Cooling Ceiling Fan(s),Central Air

Exterior

Parking Features Over 1 Space per Unit

Community Features Sidewalks,Street Lights

Utilities Available Electricity Individual Meters

View Y/N No

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction Yes

Schools

Elementary Schools Hunt

Middle Schools Fort Valley

High Schools Peach County

Others

Special Listing Condition New Construction

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