(864) 362-2375
$650,000
101 Brooks BLVD, Fort Valley, GA 31030
0.98Acres
2008YearYear Built
About This Home
Turnkey Student Housing Investment | 83.3% Leased | Approx. 12.1% Gross Cap Rate when fully leased. Exceptional opportunity to acquire a 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 will be 100% leased as of January 1, 2027, generating $7,600 per month ($84,800 annually) in gross rental income. Currently there is 1 vacant unit, which will be leased Jan 1, 2027. 4 units are on a 10 month lease (1,280/mo), 1 unit on a 12 mo lease (1,200/mo) and 1 unit will be leased beginning Jan 1. Occupancy for Summer (June/July) is normally 50% 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 an access entrance with a brand-new 6-unit apartment building currently under construction, with an estimated completion date of Dec. 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 Jan 1, 2027. 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. 48 hour notice required.
Location
Key Facts
Status: Active
Type: Residential Income
Neighborhood: FV Commercial 207
Annual Taxes: $4,817
HOA Fees: $0
MLS: Georgia
MLS #: 10795133
Features
Multi Family
Mortgage Calculator
$3,287Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $650,000
Status: Active — For Sale
Recent change: Price reduced
Days on market: 118
Last updated: Oct 26, 2026
Schools
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Source MLS #: 10795133
Last updated: Oct 26, 2026
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