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White Oak Station 1514 N Oak St 15 Unit Apartment Building $1,950,000 ($130,000/Unit) 8.21% Cap Rate Valdosta, GA 31602
INVESTMENT HIGHLIGHTS
- 38-Beds | 15 Units
- Gross Building Square Footage of ±16,600 SF
- Current Occupancy: 92.11%
- Year Built: 2010
- Average Bed: ±437 SF
- Current Avg Rent: $577 | Market Stabilized Rent: $657
PROPERTY FACTS
| Price | $1,950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $130,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.82 AC |
| Cap Rate | 8.21% | Building Size | 16,600 SF |
| Gross Rent Multiplier | 7.41 | Average Occupancy | 92% |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2010 |
| Property Subtype | Apartment | Parking Ratio | 3.25/1,000 SF |
| Zoning | R-M | ||
| Price | $1,950,000 |
| Price Per Unit | $130,000 |
| Sale Type | Investment |
| Cap Rate | 8.21% |
| Gross Rent Multiplier | 7.41 |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 16,600 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 2010 |
| Parking Ratio | 3.25/1,000 SF |
| Zoning | R-M |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 9 | - | 1,000 |
| 3+3 | 4 | - | 1,200 |
| 4+4 | 2 | - | 1,400 |
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PROPERTY TAXES
| Parcel Number | 0115B-047 | Improvements Assessment | $854,295 |
| Land Assessment | $377,200 | Total Assessment | $1,231,495 |
PROPERTY TAXES
Parcel Number
0115B-047
Land Assessment
$377,200
Improvements Assessment
$854,295
Total Assessment
$1,231,495
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White Oak Station | 1514 N Oak St
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