4100 Mulligan Manor Ln 22 Valdosta, GA 31605
Listing Courtesy of: VALDOSTA/SOUTH GEORGIA / Coldwell Banker Premier Real Estate / John Courson
$2,999,000
3
BED
2
BATH
28,468
SQFT

  4100 Mulligan Manor Ln 22 Valdosta, GA 31605

Active (617 Days)

Description

Rare opportunity to buy 11 luxury living duplexes w/ close proximity to Moody Air Force Base in Valdosta GA. 22 doors total, each with 3BR/2BA in controlled/private setting. Recent updates include canned lighting, subway tile backsplash to accent real wood cabinets with refrigerator, range with micro-hood, d/w, and W/D hook-ups. Carpet/tile throughout, walk-in closets, trim, front and back porches & wooden fence buffers for privacy. All units are ADA compatible with wide doors, hallways & roll-in showers. Could divide and sell individual condos / duplexes to maximize ROI. Recent upgrades and desirable N Lowndes Co. location put these units in high demand w/ rents trending upwards. Always at 95-100% occupancy - Proforma cap rate is 6.47% with market rents at $1050/mo and 30% OPEX factor! Jobs, schools, entertainment, recreation, shopping, dining, retail etc all around this location!

MLS #:
127922
Lot Size
2.88 acres
Type
Multifamily
Year Built
2013
County
Lowndes County
Bathroom Details
  • Full Bathrooms: 2
Subdivision
  • Mulligan Manor
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central Air
Basement Information
  • No
Pool Information
  • None
Flooring
  • Tile
  • Carpet
Exterior Features
  • Vinyl Siding
  • Other
  • Brick Veneer
  • Roof: Shingle
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
Parking
  • 3+ Cars
Stories
  • 1
Additional Listing Info
  • Buyer Brokerage Commission: 2.7
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 03, 2023
Price Changed
$2,999,000
-6%
-196,000
Sep 23, 2022
Price Changed
$3,195,000
-3%
-100,000
Jun 21, 2022
Price Changed
$3,295,000
-3%
-100,000
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