Description
TURNKEY 6-UNIT STUDENT HOUSING-FULLY LEASED, 13% CAP RATE- RARE OPPORTUITY TO OWN BRAND NEW turnkey investment. 6-unit building. 2 are available, Ft. Valley, close to the University. Each door in the 6 unit building is a 3 bed/3bath, 18 rooms total in each 6 unit building. Designed for modern student living with private bathrooms, in-unit washer/dryer, luxury flooring and upgraded appliances. Rented by the room to Fort Valley State University students. $12,600 MONTHLY RENTAL INCOME per 6 unit building. Hassle-free rent collection - STUDENTS PAY A LUMP SUM EACH SEMESTER. Tenants pay 100% of utilities. All units are furnished (furniture package separate from list price via bill of sale to seller). High demand market - Fort Valley has a documented student housing shortage with a waiting list. Demand bolstered by the new FVSU nursing program and a recent commitment for an EV manufacturing plant with Imola Motors. This is a rare turnkey investment offering strong returns and stable occupancy in a high-demand college town. MUST CONTACT LISTING AGENT TO VIEW-
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0.6ACRES
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01/2 BATHS
School Information
Description
TURNKEY 6-UNIT STUDENT HOUSING-FULLY LEASED, 13% CAP RATE- RARE OPPORTUITY TO OWN BRAND NEW turnkey investment. 6-unit building. 2 are available, Ft. Valley, close to the University. Each door in the 6 unit building is a 3 bed/3bath, 18 rooms total in each 6 unit building. Designed for modern student living with private bathrooms, in-unit washer/dryer, luxury flooring and upgraded appliances. Rented by the room to Fort Valley State University students. $12,600 MONTHLY RENTAL INCOME per 6 unit building. Hassle-free rent collection - STUDENTS PAY A LUMP SUM EACH SEMESTER. Tenants pay 100% of utilities. All units are furnished (furniture package separate from list price via bill of sale to seller). High demand market - Fort Valley has a documented student housing shortage with a waiting list. Demand bolstered by the new FVSU nursing program and a recent commitment for an EV manufacturing plant with Imola Motors. This is a rare turnkey investment offering strong returns and stable occupancy in a high-demand college town. MUST CONTACT LISTING AGENT TO VIEW-
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