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411 N. Spillers ST Fort Valley, GA 31030
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Key Details
Sold Price $980,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Fort Valley 13
MLS Listing ID 10592062
Year Built 2025
Tax Year 2024
Lot Size 10,280 Sqft
Property Sub-Type Multi Family
Property Description
Brand New 6-Unit Luxury Building- Fully Leased, 13% Cap Rate. Rare opportunity to own a brand new (built 2025) fully-leased 6-unit building leased out to the college students at Fort Valley State University by the room. Each unit is a 3 bed/3 ba, with private bathrooms, in-unit washer/dryers and modern luxuries. Fully furnished (furniture package separate from list price via a bill of sale to seller)$11,880 monthly rental income and hassle-free rent collection. STUDENTS PAY A LUMP SUM each semester and PAY THEIR OWN UTILITIES. Fort Valley has a documented student housing shortage with a current waiting list. Demand bolstered by a new FVSU nursing program and future growth anticipated by 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 market. Must submit mortgage preapproval prior to viewing.
Location
State GA
County Peach
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Laundry In Unit
Exterior
Parking Features Over 1 Space per Unit
Garage Spaces 18.0
Community Features Street Lights
Utilities Available Electricity Individual Meters
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction Yes
Schools
Elementary Schools Hunt
Middle Schools Fort Valley
High Schools Peach County
Others
Special Listing Condition New Construction
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