4215 Abingdon Court, Valdosta GA 31605 129437

Nice portfolio of 6 single-family rentals all in one neighborhood. Hamilton Pointe S/D is well located between Valdosta proper and Moody AFB with easy access to jobs, entertainment, retail, and schools all nearby in this high-growth section of Lowndes County. Six 3 bedroom / 2 bath rentals, each with excellent rental history and curb appeal. 100% occupied with a couple of longer term tenants in place with room to raise rents to market rates. Each home is 1200 sf for a total of 7178, Homes can be bought in full package for discount price of $735K or $102/sf or $125K individually, well below the cost per square foot to replace. Current monthly gross is $5220 with rents ranging from $775 to $950, professionally managed, rent roll and financials available upon request. Neighborhood rents are trending up to $1050+/mo putting this at a 7.2 proforma cap with 30% opex factor.