Description
AMAZING INVESTOR OPPPORTUNITY! 11% CAP RATE! Seize this prime investment opportunity in a high-demand college town facing a housing shortage. All are rented to the students at Fort Valley State University by the room. Total monthly income is $3,500. 100% occupied for Fall/Spring. Turnkey - Fully leased and fully furnished (furniture package NOT included in the list price, must be purchased separately via a bill of sale to seller). NO MONTHLY RENT COLLECTION. Monthly income - $3,500. Students pay for the entire semester in one lump sum AND they pay 100% of the utilities. All units are 3 bed/2 ba per side. Multiple units available including 2 triplexes ($445K)-monthly income on triplex - $5,250. Duplex - 6 bed/4 ba total. Triplex-9 bed/6 ba total. Entire community is student rentals. Must submit mortgage preapproval prior to viewing. Lender - Anthony Thornton, Guaranteed Home Loans, 678-314-7764
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
School Information
Description
AMAZING INVESTOR OPPPORTUNITY! 11% CAP RATE! Seize this prime investment opportunity in a high-demand college town facing a housing shortage. All are rented to the students at Fort Valley State University by the room. Total monthly income is $3,500. 100% occupied for Fall/Spring. Turnkey - Fully leased and fully furnished (furniture package NOT included in the list price, must be purchased separately via a bill of sale to seller). NO MONTHLY RENT COLLECTION. Monthly income - $3,500. Students pay for the entire semester in one lump sum AND they pay 100% of the utilities. All units are 3 bed/2 ba per side. Multiple units available including 2 triplexes ($445K)-monthly income on triplex - $5,250. Duplex - 6 bed/4 ba total. Triplex-9 bed/6 ba total. Entire community is student rentals. Must submit mortgage preapproval prior to viewing. Lender - Anthony Thornton, Guaranteed Home Loans, 678-314-7764
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