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615 Elberta St
Fort Valley, GA 31030
Lavonta Apartments · Multifamily Property For Sale · 11 Units

INVESTMENT HIGHLIGHTS

  • Current cap rated based on T12: 10.87% | Forward tax adjusted cap rate: 9.33%
  • Actual/effective year built: 2000/2009
  • Located in Fort Valley, an area with population growth and community improvements
  • Recently renovated with updated kitchens, bathrooms, and appliances
  • Strong rents in a stable workforce housing community
  • Close to new developments and Fort Valley State University

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.34 AC
Building Size 6,869 SF
Average Occupancy 82%
No. Stories 2
Year Built 2000
Parking Ratio 2.62/1,000 SF
Zoning R-2 - Residential

AMENITIES

UNIT AMENITIES

  • Eat-in Kitchen

SITE AMENITIES

  • Private Bathroom

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
F05A-043
Land Assessment
$3,480
Improvements Assessment
$182,920
Total Assessment
$186,400
  • Listing ID: 37353314

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 615 Elberta St, Fort Valley, GA 31030

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