3400 Barack Obama Blvd, Valdosta GA 31602 129402

First time offering Perimeter Condominiums which consists of 20 units which are 3 Bedroom 2 1/2 baths including 1 car garage 100% occupied with outstanding rental history. Property has 4 separate buildings with 5 units each with plenty of parking, mail receptacle at the front of the complex with additional overflow parking if needed. Each unit has large living room, kitchen with eat up bar and breakfast area, large bedrooms and private patios out back. Current rental rates are all scheduled to be at $1150 monthly this Calendar year with upcoming vacancies increasing to $1250 a month. 6.17% Cap Rate with NOI at $210,000 figuring 30% OPEX factor with even room to grow. Desirable location nearby to shopping, schools, restaurants, entertainment and much more.