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Miller Properties - 33 Door Portfolio

31 Multifamily Properties Offered at $2,395,000 in Multiple Locations

Investment Highlights

  • Owner financing possible!
  • Turnkey Income

Executive Summary

Check out this rare opportunity to grow your investment portfolio in both a quick and calculated way! 33 doors total comprised of 29 single family homes and two 2 duplexes with all locations in City of Valdosta except 2 doors (City of Adel). High occupancy with stable and turn-key income in place to collect on day 1 of ownership. Current monthly gross rent is $27,320. Priced at $71 / sq ft is well under replacement cost or individual re-sale values for these homes and locations! Multiple homes on E Brookwood, Lausanne, Vallotton, and Ponderosa. Others are scattered but mostly in the heart of thriving and high-growth Valdosta market with jobs, schools, entertainment, commercial etc in every direction. Locations include Baytree, Deborah and Iola Drives, Lexington, Falling Leaf, Charter Oaks, Sustella, Stillwater, Ann, Troup, Frederick, Lee, Force all in Valdosta. Locations in Adel are Wayne and Seventh Streets. Full rent roll available for qualified prospects. All homes have city utilities direct billed to the tenants and are managed by local PM team. Seller may finance a small portion of the deal at negotiated terms but not the entire deal.

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $2,395,000
Price / SF $76.80 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 8.90%
Sale Type Investment
Status Active
Number of Properties 31
Individually For Sale 0
Total Building Size 31,186 SF
Total Land Area 6.30 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
306 N Troup St, Valdosta, GA 31601 Multifamily 1,125 SF 1990 -
309 Wayne St, Adel, GA 31620 Multifamily 1,100 SF 1990 -
511 Sustella Ave, Valdosta, GA 31601 Multifamily 1,100 SF 1990 -
522 Green St, Valdosta, GA 31601 Multifamily 1,100 SF 1990 -
617 E Brookwood Dr, Valdosta, GA 31601 Multifamily 1,100 SF 1990 -
715 E Brookwood Pl, Valdosta, GA 31601 Multifamily 1,000 SF 1990 -
717 E Brookwood Pl, Valdosta, GA 31601 Multifamily 1,000 SF 2000 -
719 Vallotton Dr, Valdosta, GA 31601 Multifamily 1,000 SF 2000 -
724 Vallotton Dr, Valdosta, GA 31601 Multifamily 1,000 SF 2000 -
725 E Ann St, Valdosta, GA 31601 Multifamily 1,000 SF 2000 -
726 Vallotton Dr, Valdosta, GA 31601 Multifamily 1,000 SF 2000 -
729 E Brookwood Pl, Valdosta, GA 31601 Multifamily 1,000 SF 2010 -
713 E Brookwood Pl, Valdosta, GA 31601 Multifamily 1,000 SF 1990 -
1602 Lexington Cir, Valdosta, GA 31602 Multifamily 1,068 SF 1996 -
745 Lausanne Dr, Valdosta, GA 31601 Multifamily 868 SF 2000 -
818 Vallotton Dr, Valdosta, GA 31601 Multifamily 834 SF 2000 -
815 Stillwater Dr, Valdosta, GA 31601 Multifamily 1,025 SF 2000 -
816 Baytree Dr, Valdosta, GA 31601 Multifamily 1,154 SF 2000 -
743 Lausanne Dr, Valdosta, GA 31601 Multifamily 852 SF 2000 -
807 Lausanne Dr, Valdosta, GA 31601 Multifamily 936 SF 2000 -
813 Vallotton Dr, Valdosta, GA 31601 Multifamily 841 SF 2000 -
907 Ponderosa Dr, Valdosta, GA 31601 Multifamily 1,054 SF 2000 -
1608 Charter Oaks Dr, Valdosta, GA 31601 Multifamily 1,215 SF 2000 -
2318 Frederick Pl, Valdosta, GA 31602 Multifamily 800 SF 2000 -
909 Ponderosa Dr, Valdosta, GA 31601 Multifamily 1,066 SF 2000 -
1005 E Force St, Valdosta, GA 31601 Multifamily 720 SF 2000 -
1510 N Lee St, Valdosta, GA 31602 Multifamily 1,580 SF 2000 -
2217 Deborah Dr, Valdosta, GA 31602 Multifamily 800 SF 2000 -
2019 Fallingleaf Ln, Valdosta, GA 31602 Multifamily 800 SF 2000 -
1801 Iola Dr, Valdosta, GA 31602 Multifamily 800 SF 2000 -
729 W 7th St, Adel, GA 31620 Multifamily 1,248 SF 2000 -
Show More > < Show Less
  • Listing ID: 31961157

  • Date on Market: 5/30/2024

  • Last Updated:

  • Address: Miller Properties - 33 Door Portfolio, Valdosta, GA

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