404-445-1090
415 Northside Dr, Valdosta, GA for Sale
Apartments - FOR SALE
1/13
null | Request Cap Rate

415 Northside Dr
Valdosta, GA 31602


HIGHLIGHTS

  • PROPERTY TOURS THURSDAY 11/14 - CONTACT CONNOR KERNS TO SCHEDULE
  • Le Mans Apartments at 415 Northside Drive presents investors a unique opportunity to acquire a high-occupancy property with turnkey cash flow.
  • Prime site along a critical commercial corridor with robust surrounding amenities, including Walmart Supercenter, Publix, Winn-Dixie, and Big Lots.
  • Rare value-add opportunity for a new investor to capitalize on 83.3% occupancy to increase top-line revenue targets via lease-up and rent increases.
  • Located near Valdosta State University, a 12,000-student college that drives demand for nearby rental accommodations.
  • Favorable multifamily demographics include a growing population of 75,000 people, of which 57% rent as their primary form of housing.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

56

CAP RATE

Request Cap Rate

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High-Occupancy Le Mans Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

92

LAND DETAILS

LAND ACRES

3.22 AC

LAND SF

140,263 SF

ZONING

C-N

APN/PARCEL ID

0112A-049

ASK ABOUT THIS PROPERTY

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

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

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