Miller Properties - 33 Door Portfolio
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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 | Status | Active |
Price / SF | $76.80 / SF | Number of Properties | 31 |
Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
Cap Rate | 8.90% | Total Building Size | 31,186 SF |
Sale Type | Investment | Total Land Area | 6.30 AC |
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 |
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Miller Properties - 33 Door Portfolio
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