owner financing home - Valdosta - vacant land

Buy for income, resale, or redevelop this 1.63-acre trophy corner site for new retail. Signaled hard-corner, max visibility, busiest cornerin town with 33,000/day traffic. Castle Park South strip center at NE corner Ashley, Park & Marion. Great steady income with 90-95% occupancy over many years. Strong 13.3% pro-forma cap rate; 2016 gross 127,860, net $103,627; 2017 PF gross $165,000, net $132,000. Three rented buildings, 14 spaces, 24,529 sf . Plat attached (Tracts 1 & 4). All leases 1 yr or less, for LL flexibility. 2016 taxes $17,777. Updated rent roll & P&L to follow. NOTE: "Castle Park North" in photos is not included. OWNER FINANCING AVAILABLE.This Valdosta owner financing home is vacant land with , beds and baths. To learn more about this owner financing home or other owner financing homes, make sure to click on the tabs above.

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

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Property Info
Property ID103043111
CountyLowndes
Property TypeVacant Land
Legal DescriptionRegister for full details
Taxes
Assessed Tax YearRegister for full details
Property Brokerage: FIRST COMMERCIAL REAL ESTATE , P.O. Box 1361, VALDOSTA, GA31603

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