3111 Sundance Cir, Valdosta GA 31602 128527
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4 duplexes (8 doors) with value-add potential at affordable entry level price point! 100% occupancy in central Valdosta location within Valdosta city limits. Close to SGMC, Moody AFB, & VSU -- jobs, schools, retail, entertainment etc all around! Additionally, adjacent to former Valdosta High School campus - with unlimited potential for future institutional or municipal type use that will happen in near future. Each floorplan consists of 2BR/1BAs tucked away in quiet cul-de-sac setting. Many long term residents on month to month leases allow new owner to bump rents to market rates immediately OR just over time as units naturally turn. Currently $4210/monthly rents are 8.21% cap rate but could easily be bumped to $5200/month or just $650/month per door to get to 10.14% or more!
Listing Provided By COLDWELL BANKER PREMIER REAL E