Residential Land with Home for Sale in Valdosta, Georgia
4100 Mulligan Manor Ln Valdosta, GA 31605
Rare opportunity to buy 11 luxury living duplexes w/ close proximity to Moody Air Force Base in Valdosta GA. 22 doors total, each with 3BR/2BA in controlled/private setting. Recent updates include canned lighting, subway tile backsplash to accent real wood cabinets with refrigerator, range with micro-hood, d/w, and W/D hook-ups. Carpet/tile/stained concrete throughout, walk-in closets, trim, front and back porches & wooden fence buffers for privacy. All units are ADA compatible with wide doors, hallways & roll-in showers. Could divide and sell individual condos / duplexes to maximize ROI. Recent upgrades and desirable N Lowndes Co. location put these units in high demand w/ rents trending upwards. Always at 95-100% occupancy - Proforma cap rate is 6.87% with market rents at $1250/mo and 30% OPEX factor! Jobs, schools, entertainment, recreation, shopping, dining, retail etc all around this location! Turn-key AND Value-add opportunities for this solid and proven investment property in excellent location!
Property details
- County
- Lowndes County
- Community
- Mulligan Manor
- Zoning
- P-D
- Elevation
- 223 feet
- MLS Number
- VMLS 142878
- Date Posted
Legal description
In listing office
Parcels
- 0145C 090A-090N
Property taxes
- 2023
- $23,227
Detailed attributes
Listing
- Type
- Residential Multi Family
Structure
- Stories
- 1
- Materials
- Brick, Brick Veneer, Frame, Vinyl Siding
- Roof
- Shingle
- Heating
- Central Furnace
Exterior
- Parking Spots
- 3
- Features
- Handicap Access
Interior
- Rooms
- Bathroom x 2, Bedroom x 3
- Floors
- Carpet, Concrete, Tile
- Appliances
- Dishwasher, Range, Refrigerator, Washer
- Features
- Accessible Approach With Ramp, Blinds, Cable TV Available, Ceiling Fan(s), Insulated
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 14, 2024 | New listing | $3,100,000 | — | VMLS |