4810 Old Radar Site Rd, Valdosta, GA 31605

$215,000
2,272
SqFt
List Price
$215,000
MLS#
118528
Sq. Ft
2,272
Acres
2
Subdivision
Cat Creek

Property Description

Unique income property in highly desirable northern Lowndes county location with a total of 5 turn-key income rental units currently at 100% occupancy and strong rental history. 2.8 acre tract at the SE corner of Old Radar Site & Cat Creek Rds with 4 stick built and 1 mobile home only 2.0 miles from Moody Air Force Base. All 5 rental units are 1BR/1BA setup with the MH leased for $525/month and others at $475/month. MH recently completely rehabbed with all the upgrades you could think of to attract and retain highest quality tenants. Luxury Vinyl Plank flooring, new cabinets, appliances, fixtures, finishes, roof, HVAC and systems, etc. Minimal operating costs for your investment here as many longer term tenants in place. Current cap rate based on actual operating expenses is 10.30%. Rent Roll in docs & financials available to qualified prospects.

Additional Information

Roof
Metal
Floors
Vinyl/Linoleum
Construction
Frame, Vinyl Siding, Metal Siding
Stories
One
Appliances
Electric Stove, Refrigerator
Parking
3+ Cars
Lot Dimensions
565x190
Cooling
Window/Wall Unit
Heating
Window/Wall Unit
Water
Well
Sewer
Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of .