Listing

Property Description:

Rare chance to acquire a diversified portfolio of six fully leased single-family rental homes located in the thriving and steadily growing market of Valdosta, GA. 6 doors at 8.5% cap rate price point is ideal for seasoned investors or those looking to enter the rental market with strong cash-flowing assets. This portfolio offers a solid blend of location, tenant stability, and long-term upside. Property addresses are 306 N Troup Street (4/2 renting @ $1125/month), 617 E Brookwood Drive (311 @ $795), 725 E Ann Street (3/1 @ $700), 815 Stillwater Drive (3/1 @ $750), 1005 E Force Street (2/1 @ $850) and 1510 N Lee Street (4/1 @ $900) total to $5,120 monthly rent. Several long term tenants at under market rents can be bumped. Property professionally managed and tenants get their own utilities. This package is part of a larger portfolio of 25 similar single family homes listed together as MLS # 143376 and can be bought alone or with combinations of other packages broken out of the 25 total homes. See MLS #s 144574, 144575, 144577, 144579, 144580, & 144581 for smaller packages.