THIS 8-DOOR BUILDING IS THE RIGHT ONE FOR YOUR PORTFOLIO! Located in Fort Valley and 1.6 miles away from Fort Valley State University, this is a great opportunity to purchase a turnkey building. Tenants pay for their utilities. The city picks up the trash from the dumpster which is on site. B5 is vacant, being marketed, and should be leased by the end of July, 2024. There is a parking lot in front of the building property to accommodate the residents and a mailbox unit on site for collecting all mail for each unit. Units B1, B2, B4, B6, and B8 are in annual leases, units B3 and B7 are month-to-month and B5 is actively being shown to lease. Video cameras will remain after the sale of the property. and will be transferred with the sale of the property. There could be a housing opportunity with Fort Valley State University!! CURRENT INCOME AND EXPENSES FROM SELLER: Current Gross Income with the 1 vacant unit is $62,400 with $12,000 annual expenses and $12,000 yearly insurance. A property management company is in place if you choose to use them. Seller is NOT open to Seller financing.
