4015 Camellia Dr - Apartments FOR SALE


Valdosta, GA 31605
$1,500,000 USD
404-445-1090
4015 Camellia Dr, Valdosta, GA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/3
null | 6.55% Cap Rate

4015 Camellia Dr
Valdosta, GA 31605


HIGHLIGHTS

  • 24 units built in 1973
  • Current Year 1 Tax Adjusted Cap Rate: 6.55%
  • Market Stabilized Cap Rate: 10.14%
  • Current Avg Rents: $637 | Market Avg Rents: $825
  • Gross Building Square Footage: 23,396
  • Average Unit: ±975 SF

OVERVIEW

Consists of: (15) One Bedroom/One Bathroom (9) Two Bedrooms/One Bathroom Lot Size: ±1.15 Acres Density: 21 Units/AC APN: 0108-201, 0108-200, 0108-199 Washer/Dryer Connections & On-Site Laundry Facility (needs work) Central HVAC Some Stainless-Steel Appliances throughout Suggested CapEx: Stripe & seal the parking lot, Exterior Paint & Laundry room work Broker of Record Bill Pedersen License No. 80041 (GA)

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$64 USD /SF

# OF UNITS

24

PRICE/UNIT

$62,500

CAP RATE

6.55%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

IVY APARTMENTS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,839 SF

ZONING

-

APN/PARCEL ID

0108-199,0108-200,0108-201

ASK ABOUT THIS PROPERTY

Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.