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Backup Offers

* Lausanne Drive 25, Valdosta, GA, 31602

$1,810,000

Home List Price

$10,000*

Closing Credit

0 Baths
24,528 SqFt
$74/SqFt
Multi

Location

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* Lausanne Drive 25, Valdosta$1,810,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
MLS #143376
StatusAccepting Backup Offers
(Contingency)

About * Lausanne Drive 25

Check out this rare opportunity to grow your investment portfolio in both a quick and calculated way! 25 doors total comprised of 24 single family homes and 1 duplex with all locations in City of Valdosta except 2 doors (City of Adel). High occupancy with stable and turn-key income in place to collect on day 1 of ownership. Current monthly gross rent is $19,755. Priced at $73 / sq ft is well under replacement cost or individual re-sale values for these homes and locations! Multiple homes on E Brookwood, Lausanne, Vallotton, and Ponderosa. Others are scattered but mostly in the heart of thriving and high-growth Valdosta market with jobs, schools, entertainment, commercial etc in every direction. Other street locations are Sustella, Stillwater, Ann, Troup, Lee, Force, Green all in Valdosta. Locations in Adel are Wayne and Seventh Streets. Full rent roll available for qualified prospects. All homes have city utilities direct billed to the tenants and are managed by local PM team. Seller may finance a small portion of the deal at negotiated terms but not the entire deal.

Property Details

Property Features

Property Information:

  • Living Area: 24,528 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER PREMIER REAL E
  • Office Phone: (229) 244-3535
  • Listing Agent: John Courson

Other

Directions Information:

  • Directions: Multiple locations ask LA for list

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,810,000
  • Price Per SqFt: $74/SqFt
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Housing Market Comparison

See how this home compares to others in Valdosta, GA.

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Valdosta, GA

City

Med. Sold Price

$270K

Med. Price/SqFt

$154

Avg. Days On Market

71

# of Sold Homes

13

* Lausanne Drive 25 vs Valdosta

3 DAYS ON ROCKET

-68 Days

$1,810,000

+$1.5M More

$74/SqFt

-$81 Less

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $81/SqFt less than other homes in Valdosta, GA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: SouthGeorgiaMLS
  • MLS Number: #143376

Listing Office:

  • Office Name: COLDWELL BANKER PREMIER REAL E
  • Office Phone: (229) 244-3535
  • Listing Agent: John Courson

The data relating to real estate for sale on this web site comes in part from the IDX Program of The Valdosta Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 The Valdosta Board of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 7:16:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,101

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,493

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-765277
3
/10

  • W. G. Nunn Elementary School

  • 1610 Lakeland Ave

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-765278
3
/10

  • Pinevale Elementary School

  • 930 Lake Park Rd

  • 1.63 miles

  • Public District Grades PK-5

school-card-donut-765279
7
/10

  • Scintilla Charter Academy

  • 2171 E Park Ave

  • 1.77 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,603. Typical income of Valdosta, GA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Lowndes County›Valdosta›31602›* Lausanne Drive 25

This home is located at * Lausanne Drive 25 in Valdosta, GA and zip code 31602. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,810,000.

In November 2024 more than 0 listings in Valdosta, GA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 7 were sold below. The number of homes for sale in Valdosta, GA increased by 4.2% between October 2024 and November 2024. In November 2024, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $270,000.

From Rocket Homes Real Estate and based on county public records data.

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