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 NOT included in the list price, purchased separately via a bill of sale directly to seller). NO MONTHLY RENT COLLECTION. Students pay for the entire semester in one lump sum and students pay 100% of the utilities. All units are 3 bed/2 ba per side - Triplex - 9 bed/6 ba. Multiple units available. ALL DUPLEXES ARE SOLD. (4) Six- plexus available- 6 doors, each door 3 bd/3ba- $980K. All units are rented to students at Fort Valley State University by the room. Total monthly income for Triplex is $5,220. 6 door bldg - $12,600 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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0.5ACRES
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0BATHS
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01/2 BATHS
School Information
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 NOT included in the list price, purchased separately via a bill of sale directly to seller). NO MONTHLY RENT COLLECTION. Students pay for the entire semester in one lump sum and students pay 100% of the utilities. All units are 3 bed/2 ba per side - Triplex - 9 bed/6 ba. Multiple units available. ALL DUPLEXES ARE SOLD. (4) Six- plexus available- 6 doors, each door 3 bd/3ba- $980K. All units are rented to students at Fort Valley State University by the room. Total monthly income for Triplex is $5,220. 6 door bldg - $12,600 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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