* Thomwal St - 20 single family homes Valdosta, GA 31602
Rare chance to acquire a portfolio of 20 single family residential homes all at one time! Proven rental history, full occupancy AND value-add potential here make this a once-in-a-career type of investment opportunity for this Class B+ portfolio! These homes are located mostly in the heart of Valdosta in or around established and well-known neighborhoods. Each home has unique characteristics, aesthetics, and curb appeal that make them desirable and quick to re-lease when they turn and / or for re-sale. Well-cared for, several have had updates over the years with many long term tenants in place now on month to month terms. Multiple ways to make money - Buy and hold and raise below-market rents OR peel off 1-2-3 at a time and sell individually at premium price points. $107/sf bulk portfolio price point is well under the $140-$150+/sf prices many of these homes would individually command in current locations and conditions. Monthly rents are $27, 845 with complete rent roll and locations available to qualified prospects. 5 homes on Thomwal St, 4 on Jerry Jones / Gornto with majority of others in neighborhoods in Area 1 (Terrace, Azalea, McRee, Berkley, Pineridge, Lakeview, Maplewood, Briarcliff, Brookwood Circle, Sedgwyck, Wayland Park). All homes have central HVAC and city utilities paid directly by the tenants and are self-managed by seller's in house PM team.
- Property TypeMulti-Family
- NeighborhoodMultiple
- CountyLowndes
- Taxes$37,696
- HOA/Condo/Coop Fees$0
- Days on Site33 Days
- MLS StatusActive
- MLS ID Number140358
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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