Rare opportunity to buy 11 luxury living duplexes w/ close proximity to Moody Air Force Base in Valdosta GA. 22 doors total, each with 3BR/2BA in controlled/private setting. Recent updates include canned lighting, subway tile backsplash to accent real wood cabinets with refrigerator, range with micro-hood, d/w, and W/ D hook-ups. Carpet/tile/stained concrete throughout, walk-in closets, trim, front and back porches & wooden fence buffers for privacy. All units are ADA compatible with wide doors, hallways & roll-in showers. Could divide and sell individual condos / duplexes to maximize ROI. Recent upgrades and desirable N Lowndes Co. location put these units in high demand w/ rents trending upwards. Always at 95-100% occupancy - Proforma cap rate is 6.87% with market rents at $1250/mo and 30% OPEX factor! Jobs, schools, entertainment, recreation, shopping, dining, retail etc all around this location! Turn-key AND Value-add opportunities for this solid and proven investment property in excellent location!
Multi-familyProperty Type
2013Year Built
2.88 acresLot Size
$55Est. Price/Sq.Ft.
Listed by John Courson• COLDWELL BANKER PREMIER REAL E
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
58 ft.
Lot depth
75 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Lowndes County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Mar 20, 2023.
P-D
Planned Development District
The purpose of the Planned Development PD Districts is to encourage creative and flexible projects that include compatible residential, commercial, office, and related public facilities unified by a development plan and tailored to either an urban or rural setting.; The PD districts shall be zoning districts, and are permissible when approved according to a site plan that ensures the conservation of the natural environment, more efficient use of land, and efficiency in the extension of streets and utilities
Permitted uses
Include but are not limited to:
No uses permitted by right
Property details
Interior
Virtual Tour
Interior Features
Appliances: Dishwasher, Refrigerator
Flooring: Carpet, Tile
Exterior
Exterior Features
Roof: Shingle
Building Information
Construction Materials: Brick Veneer, Frame, Vinyl Siding
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Unit
Lot Information
Road Responsibility: Private Maintained Road
Lot Size : see acreage
Lot Size Acres: 2.88
Zoning Description: P-D
Financial
Tax Information
Tax Annual Amount: $23,227
Utilities
Utility Information
Water Source: Public
Utilities: Cable Available
Sewer: Public Sewer
Location
Location Information
Directions: From Inner Perimeter Road & Bemiss Road intersection, continue for 2.5 miles.Turn left onto Mulligan Rd and right on Mulligan Manor
Subdivision Name: Mulligan Manor
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Lowndes County
APN: —
Home facts updated by county records on Mar 20, 2023
Other
Listing Information
AttributionContact: 2292443535
Around this home
Schools
Dewar Elementary School
Public PreK-5 • Assigned • 2.4mi
6/10
Pine Grove Middle School
Public 6-8 • Assigned • 2.5mi
7/10
Lowndes High School
Public 9-12 • Assigned • 7.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 19 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Valdosta, GA • 31605
Average low and high temperatures (°F)
60
39
69
48
76
53
83
60
86
67
90
72
93
75
89
73
86
70
79
60
75
54
64
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 5.8 hours in December, placing it above the
U.S. average for solar exposure.
9.6 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.50M – $1.81M
Sell confidently with a local market expert in Valdosta. 3 minutes to get started.