$18,471 NOI - 4 units walking distance to state university

[Nikki Robinson]

1501 Slater Street, Valdosta, GA 31602

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Purchase Price: $165,000
Rehab: $65,000-$80,000 (depending on preferred finishes and room expansions

Two buildings hold four apartments. Building #1 (shown above) houses Apartments A & B, downstairs and upstairs respectively. Building #2 sits directly behind Building #1 and houses Apartments C & D, downstairs and upstairs respectively. Paved parking in back.

A&B - 1/1
C&D - 2/1

Apartments A & C (ground units) each have a private courtyard and sunroom/closed-in porch attachment.

Property is walking distance to Valdosta State University - literally five minutes away on foot/bike/skateboard or in car.

Low vacancy, highly-coveted, historical neighborhood.