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Listed by Autumn Wibright COLDWELL BANKER PREMIER REAL E
$ 615,000
Est. payment /mo
Active
1620 E Park Ave #* Valdosta, GA 31602
7,934 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Active
Purchase Type For Sale
Square Footage 7,934 sqft
Price per Sqft $77
Subdivision East Park
MLS Listing ID 154395
HOA Y/N No
Lot Size 0.710 Acres
Property Sub-Type Multi Unit
Property Description
17-unit value-add apartment building in Valdosta's Opportunity Zone. The property includes 12 studios, 3 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units across 7,934 SF on a 0.71-acre lot. Six units are currently vacant and ready for renovation, creating immediate upside through lease-up and rent increases. Rents range from $550 to $750 per month, with a mix of annual and at-will leases. Conveniently located near downtown and major employers, this is an opportunity to reposition a multifamily asset with both current income and value-add potential.
Location
State GA
Area 2-N Of Park Ave To E Oak St (City Limits)
Zoning R-M
Interior
Interior Features None
Heating Central
Cooling Central Air
Appliance None
Exterior
Exterior Feature None
Parking Features 3+ Cars
Garage Spaces 3.0
View Y/N No
Garage No
Building
Story 2
Level or Stories Two
Others
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