$980,000
$980,000
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411 N. Spillers ST Fort Valley, GA 31030
10,280 Sqft Lot
Key Details
Sold Price $980,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Fort Valley 13
MLS Listing ID 10592062
Sold Date 09/29/25
HOA Y/N No
Year Built 2025
Tax Year 2024
Lot Size 10,280 Sqft
Acres 0.236
Lot Dimensions 10280.16
Property Sub-Type Multi Family
Source Georgia MLS 2
Property Description
Brand New 6-Unit Luxury Building- Fully Leased, 13% Cap Rate. Rare opportunity to own a brand new (built 2025) fully-leased 6-unit building leased out to the college students at Fort Valley State University by the room. Each unit is a 3 bed/3 ba, with private bathrooms, in-unit washer/dryers and modern luxuries. Fully furnished (furniture package separate from list price via a bill of sale to seller)$11,880 monthly rental income and hassle-free rent collection. STUDENTS PAY A LUMP SUM each semester and PAY THEIR OWN UTILITIES. Fort Valley has a documented student housing shortage with a current waiting list. Demand bolstered by a new FVSU nursing program and future growth anticipated by a recent commitment for an EV manufacturing plant with Imola Motors. This is a rare turnkey investment offering strong returns and stable occupancy in a high-demand market. Must submit mortgage preapproval prior to viewing.
Location
State GA
County Peach
Rooms
Basement None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Fireplace No
Laundry In Unit
Exterior
Parking Features Over 1 Space per Unit
Garage Spaces 18.0
Community Features Street Lights
Utilities Available Electricity Individual Meters
View Y/N No
Total Parking Spaces 18
Garage No
Private Pool No
Building
Faces GPS
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction Yes
Schools
Elementary Schools Hunt
Middle Schools Fort Valley
High Schools Peach County
Others
HOA Fee Include None
Tax ID F04D037411
Special Listing Condition New Construction
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