Multi-Family•Low-Rise/Garden•For Sale

LaVista Student Housing

101 Brooks Ave, Fort Valley, Georgia 31030

Sale Price $1,000,000
Bldg Type Multi-Tenant
Status Existing
Year Built 1990
Vacancy 95%
Gross Bldg 20,400 SqFt
Land Area 1.5 Acres
Avail Parking 2/1000SqFt
Project Size 21
Best Investment Opportunity on the market which includes three multi-unit buildings that are currently used as student housing. The use can be converted to multi-family, however with the high-demand for student housing within close proximity of Fort Valley State University, student housing has been highly successful over the years. In addition to the three multi-unit buildings there is a level, cleared lot next door that is included in the sale. Huge potential for another multi-unit building to be developed in the future to increase your overall wealth. With a 1.5 mile commute to Fort Valley University, this is a prime location to meet the high-demand for student housing. Access to I-75 is less than a 15 min commute and will allow easy travel south to Florida, and north through Atlanta, GA.
  • 10.67% Cap Rate
  • 21 Units
  • 3 Multi-Family Buildings
  • Development Opportunity: Level, Cleared Lot For a Fourth Multi-Family Building
  • Currently Used as Student Housing
  • 1.5 Mile Commute to Fort Valley State University
  • 14 Minute Commute to I-75

1 Attachments

Sale Brochure

10/8/2019 7:19:47 PM 10/8/2019 7:19:47 PM


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