Multi Brookwood Dr-Multi Valdosta, GA 31601

Price
Not For Sale
Last Update
May 2nd, 2024
Type
Off Market
Status
Off Market
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10 Beds
4 Bath
42130 sqft
Off Market

Snapshot

Property Type
Other
Lot Size
Property Sqft
42,130
MLS Number
140197
Year Built
Days On Market

Description

Welcome to an exceptional investment opportunity in the heart of Valdosta. This package deal comprises a total of 49 doors, including 43 single-family homes and 3 duplexes, strategically positioned to maximize rental potential. Currently generating a monthly income of $29,420.00, this portfolio presents a solid foundation for immediate returns with room to grow. This property has multiple addresses on Brookwood Dr, Brookwood Pl, Clover, University Dr, Vallotton, etc.. The seller has been committed to replacing items as they arise, ensuring minimal disruption to cash flow. Additionally, tenants are responsible for appliance ownership so this helps with maintenance costs while not affecting overall rent. Moreover, this investment offers substantial value-add potential. With the opportunity to increase rents in line with market rates and implement strategic improvements, you can unlock even greater cash flow. Whether through renovations or optimizing property management efficiencies, there are numerous avenues to capitalize on this package deal. In summary, this investment package presents a rare chance to secure a lucrative portfolio with strong existing cash flow and significant upside potential. If we average all of these units at even $750/door then that is $36,750/month in gross rents. If you take those rents with 30% operating expense, then you are purchasing these doors at a very nice 12 cap if purchased for list price! Don't miss out on the opportunity to diversify your portfolio and capitalize on the thriving real estate market in Valdosta. **Rent roll can be provided to qualified buyers**

More Details

Provider
Landmark Realty and Investments LLC
MLS ID
VMLSGA
MLS Name
South Georgia MLS (Valdosta)
MLS Number
140197
Source
listhub
PARTICIPANT
Name
Tommy Cangelosi
Primary Phone
(229) 834-7131
Key
3YD-VMLSGA-289_425
Email
tommy@lmrealtyinvest.com
BROKER
Name
Landmark Realty and Investments LLC
Phone
(229) 834-7131
OFFICE
Name
Landmark Realty and Investments, LLC
Phone
(229) 834-7131
Copyright © 2024 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$2,572,500 $61Landmark Realty and Investments, LLC
Listed For Sale$2,572,500 $61Landmark Realty and Investments, LLC
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Nearby Schools

Elementary School

Nunn Elementary School

0.8 miles awayKG - 03

Alternate Education

Valdosta City Alternative - Evening

0.9 miles away00 - 00

Elementary School

Clyattville Elementary School

1.1 miles awayPK - 05
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