3036 Ginny Drive, Valdosta GA 31602 124589

  • Subdivisionmultiple
  • Price1,425,000
  • StatusFor Sale
  • Bedrooms0
  • Full Bathrooms0
  • Heated & Cooled22143
  • Lot Size2.28

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Excellent investment opportunity to purchase a group of 19 rentals with turn-key income in place. Start collecting rent as soon as closing date for this package of single-family homes in well-known, established and sought after neighborhoods! 18 of 19 units currently rented with 1 vacant unit moving in a new tenant April 01. 6 houses on Ginny Drive, 7 on Lexington Circle, 2 in Blue Pool S/D and 2 on McAfina Trail - other locations are Pendleton Avenue and Gaynor Street. $13,710 monthly gross rents set this portfolio up at a 7.5% cap rate with 35% operating expense factor. All units individually metered for power and water. Full rent roll in documents, with more pictures and details to follow. Contact listing agent for details on actual financials. Seller prefers to sell entire package and not break up units by neighborhoods or locations.
Listing Provided By FIRST COMMERCIAL REAL ESTATE