(864) 362-2375
$650,000
101 Brooks BLVD, Fort Valley, GA 31030
0.98Acres
2008YearYear Built
About This Home
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.
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: 96
Last updated: Oct 4, 2026
Schools
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Source MLS #: 10795133
Last updated: Oct 4, 2026
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