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Listed price in listed location currency (USD).
$650,000

000

MLS® 10795133

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $4,817
Days Active 114
Lot Size 0.98 Acres
Approx. Age 2008
MLS® Number 10795133

Property Address: 101 Brooks Blvd, Fort Valley, GA, 31030-3423

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Student Housing Investment | Fully Leased | Approx. 12.1% Gross Cap Rate. Exceptional opportunity to acquire a fully leased 6-unit apartment building in the thriving student housing market of Fort Valley. Located just minutes from Fort Valley State University, this income-producing property offers immediate cash flow and strong long-term investment potential. The property consists of six spacious 2-bedroom, 1-bath apartments (approximately 1, 000 square feet each) and is 100% leased as of August 1, 2026, generating $7, 600 per month ($84, 800 annually) in gross rental income. 5 units are on a 10 month lease (1, 280/mo), 1 unit on a 12 mo lease (1, 200/mo) with approximately 50% of the units occupied for Summer (June/July).At the current asking price, the property offers an approximate 12.1% gross cap rate. Designed for simple ownership, students pay one lump-sum payment each semester, eliminating monthly rent collection, and tenants are responsible for all utilities, helping reduce owner expenses and maximize returns. Built in 2008, the property has a proven rental history and shares a parking lot with a brand-new 6-unit apartment building currently under construction, with an estimated completion date of Nov. 2026. The new development further enhances the property's long-term investment appeal while reinforcing the strong demand for quality student housing in the area. Investment Highlights: Fully leased as of August 1, 2026 Gross Rental Income: $7, 600/month Approximate 12.1% Gross Cap Rate Six 2-bedroom, 1-bath units (approximately 1, 000 SF each) Students pay one lump-sum payment per semester Tenants pay all utilities Low-maintenance, turnkey investment Minutes from Fort Valley State University Excellent opportunity for both new and seasoned multifamily investors. NO SELLER FINANCING AVAILABLE! Showings by appointment only.
MLS® Number10795133
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2008
BasementNone
DrivewayOver 1 Space per Unit
Garage Spaces
HeatElectric
A/CCentral Air

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

202 days

Today, For Sale for $650,000

For Sale · 202 days

$650,000

MLS® 10795133

7 months ago

Not Sold Yet

April 2026, For Sale for $650,000

For Sale · 202 days

$650,000

MLS® 10795133

7 months ago

Not Sold Yet

  • Apr 2, 2026, For Sale for $650,000

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