1400 Magnolia StValdosta, GA 31601
Prime Student Housing, High Occupancy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Magnolia Reserve Apartments, a 120-unit student housing community in Valdosta, GA, offers a compelling investment opportunity.
- The property, built in 2023/2024, comprises six two-story buildings totaling 124,680 square feet on a 9.3-acre lot.
- The property features 80 two-bedroom/two-bathroom and 40 one-bedroom/one-bathroom units, averaging 1,039 square feet per unit, with rents averaging $1.30 per square foot.
- Amenities include gated parking, a furnished clubhouse, a pool with sundeck, in-unit washers/dryers, a security system, and paid utilities.
- Located less than one mile from Valdosta State University, the property boasts a 94% occupancy rate and significant upside potential.
Property Details for 1400 Magnolia St
- Property type
- Dormitories, Student housing
- Year Built
- 2024
- Buildings
- 6
- Stories
- 2
- Units
- 120
Location Insight
- City
- Valdosta
- County
- Lowndes
- State
- Georgia
- Latitude
- 30.83368464
- Longitude
- -83.30537669
Nearby Similar for Sale
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