* Thomwal St - 20 Single Family Homes 20 Valdosta, GA 31602
Listing Courtesy of: VALDOSTA/SOUTH GEORGIA / Coldwell Banker Premier Real Estate / John Courson - Contact:  2292443535

  * Thomwal St - 20 Single Family Homes 20 Valdosta, GA 31602

Active (68 Days)
$3,650,000
34,112
SQFT

Description

Rare chance to acquire a portfolio of 20 single family residential homes all at one time! Proven rental history, full occupancy AND value-add potential here make this a once-in-a-career type of investment opportunity for this Class B+ portfolio! These homes are located mostly in the heart of Valdosta in or around established and well-known neighborhoods. Each home has unique characteristics, aesthetics, and curb appeal that make them desirable and quick to re-lease when they turn and / or for re-sale. Well-cared for, several have had updates over the years with many long term tenants in place now on month to month terms. Multiple ways to make money - Buy and hold and raise below-market rents OR peel off 1-2-3 at a time and sell individually at premium price points. $107/sf bulk portfolio price point is well under the $140-$150+/sf prices many of these homes would individually command in current locations and conditions. Monthly rents are $27,845 with complete rent roll and locations available to qualified prospects. 5 homes on Thomwal St, 4 on Jerry Jones / Gornto with majority of others in neighborhoods in Area 1 (Terrace, Azalea, McRee, Berkley, Pineridge, Lakeview, Maplewood, Briarcliff, Brookwood Circle, Sedgwyck, Wayland Park). All homes have central HVAC and city utilities paid directly by the tenants and are self-managed by seller's in house PM team.

MLS #:
140358
Type
Multifamily
County
Lowndes County

Listed By

John Courson, Coldwell Banker Premier Real Estate, Contact: 2292443535
Source
VALDOSTA/SOUTH GEORGIA
Last checked Jul 20 2024 at 12:47 PM GMT+0000
Bathroom Details
Subdivision
  • Multiple
Heating and Cooling
  • Central Air
Basement Information
  • No
Exterior Features
  • Frame
  • Brick Veneer
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
Parking
  • 3+ Cars
Stories
  • 1
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Disclaimer: Copyright 2023 Valdosta Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/21/23 09:29