749 Lausanne Package Deal 5 units #5, Valdosta, GA 31601
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749 Lausanne Package Deal 5 units #5, Valdosta, GA 31601
749 Lausanne Package Deal 5 units #5, Valdosta, GA 31601
749 Lausanne Package Deal 5 units #5, Valdosta, GA 31601
749 Lausanne Package Deal 5 units #5, Valdosta, GA 31601
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Robin Wetherington

Robin Wetherington

+1(229) 682-4737
Listed by Tommy Cangelosi Landmark Realty and Investments, LLC
$ 350,000
Est. payment /mo
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749 Lausanne Package Deal 5 units #5 Valdosta, GA 31601

12 Beds

5 Baths

4,586 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,586 sqft

Price per Sqft $76

Subdivision Vallotton Brothers

MLS Listing ID 154554

Bedrooms 12

HOA Y/N No

Lot Size 10,018 Sqft

Property Sub-Type Investment

Property Description

If you've been looking for a way to get into rental properties without having to piece together one house at a time, this is a great opportunity. This package includes five single-family rental homes located at 743, 745, 749, 804, and 807 Lausanne, all with tenants in place and producing income from day one. The portfolio is currently bringing in $4,140 per month, but what really caught my attention is the upside. The current rents are below where I believe the market is today. Similar homes in the area are leasing in the $925-$1,000 per month range. At an average rent of $950 per month, the portfolio would generate approximately $57,000 in annual gross income. Assuming a conservative 35% operating expense ratio, that equates to an estimated 10.0% pro forma cap rate at the $370,000 asking price. Whether you're a first-time investor or someone looking to add more doors to your portfolio, this is the kind of opportunity that checks a lot of boxes—immediate cash flow, below-market rents with room to grow, and the convenience of acquiring five properties in one closing instead of spending months trying to buy them individually.

Location

State GA

Area 3-S Of Park Ave To E Oak St To S Hill Ave

Zoning R-6

Interior

Interior Features Other

Heating Heat Pump

Cooling Central Air

Appliance Other

Exterior

Exterior Feature Manager Available, None

Parking Features Carport, Driveway

View Y/N No

Garage No

Building

Story 1

Level or Stories One

Others

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Nearby Locations

Robin Wetherington

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(229) 682-4737

robin.wetherington@exprealty.com

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749 Lausanne Package Deal 5 units #5