820 State University Dr
Fort Valley, GA 31030
Villas on 8 · Multifamily Property For Sale
·
36 Units
PROPERTY FACTS
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 8.71 AC |
| Building Size | 47,886 SF |
| Average Occupancy | 56% |
| No. Stories | 3 |
| Year Built | 1999 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | R2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Refrigerator
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Laundry Facilities
- Picnic Area
- Furnished Units Available
- Community-Wide WiFi
- Lounge
- Maintenance on site
- Roommate Matching
- Study Lounge
ABOUT 820 STATE UNIVERSITY DR , FORT VALLEY, GA 31030
Matthews Real Estate Investment Services is proud to offer the Villas on 8 at 820 State University Dr. in Fort Valley, GA. This 144-bedroom apartment building is an opportunity for an investor to purchase a premier student housing asset with significant value-add potential in a college town. Students enjoy the quiet residential complex while still being located across the street from Fort Valley State University, as well as minutes away from all restaurants and shopping in the area. Uber is now available in the area, so this makes everything more accessible for the student demographic of this apartment building. This property consists of a desirable and unique unit mix of (36) Four Bedroom/Two Bath units. Students are made aware of this premier student housing opportunity by the Fort Valley State University Athletic Department. There is a sponsorship in place where the Athletic Department advertises at the school’s athletic events, which also drives many Athletes to live here. This is a great opportunity for an investor to own a student housing asset in a high demand student rental market that is established as the premier living option in the area.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 36 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | F04A-045 | Improvements Assessment | $1,385,320 |
| Land Assessment | $65,320 | Total Assessment | $1,450,640 |
