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Property description
Welcome to an exceptional investment opportunity in the heart of Valdosta. This package deal comprises a total of 40 doors and one lot, including 34 single-family homes and 3 duplexes, strategically positioned to maximize rental potential. Currently generating a monthly income of $23, 330.00, this portfolio presents a solid foundation for immediate returns with room to grow. This property has multiple addresses on Brookwood Dr, Brookwood Pl, Clover, University Dr, Vallotton, etc.. The seller has been committed to replacing items as they arise, ensuring minimal disruption to cash flow. Additionally, tenants are responsible for appliance ownership so this helps with maintenance costs while not affecting overall rent. Moreover, this investment offers substantial value-add potential. With the opportunity to increase rents in line with market rates and implement strategic improvements, you can unlock even greater cash flow. Whether through renovations or optimizing property management efficiencies, there are numerous avenues to capitalize on this package deal. In summary, this investment package presents a rare chance to secure a lucrative portfolio with strong existing cash flow and significant upside potential. If we average all of these units at even $750/door then that is $36, 750/month in gross rents. If you take those rents with 30% operating expense, then you are purchasing these doors at a very nice 12 cap if purchased for list price! Don't miss out on the opportunity to diversify your portfolio and capitalize on the thriving real estate market in Valdosta. Rent roll can be provided to qualified buyers
For more details:
Listed by: Tommy Cangelosi
For more details:
Listed by: Tommy Cangelosi