619 Elberta Street, Fort Valley, GA 31030

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NZD $1,738,436
USD $979,000
Published on: 08 Nov 2026
Last updated on: 09 Nov 2026
619 Elberta Street, Fort Valley, GA 31030
619 Elberta Street, Fort Valley, GA 31030
619 Elberta Street, Fort Valley, GA 31030
+22
619 Elberta Street, Fort Valley, GA 31030
  • 22
Property ID: 110121090607
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Residential Income, Fort Valley, GA

619 Elberta Street, Fort Valley, GA 31030
6 BRAND-NEW MULTIFAMILY UNITS | 18 BEDROOMS | $151,200 PROJECTED ANNUAL GROSS RENTAL INCOME | $979,000 ASKING PRICE! An exceptional new construction investment opportunity in Fort Valley, Georgia! Discover 619 Elberta Street, a six-unit multifamily property designed for flexible rental strategies, with an estimated completion date of December 15, 2026. Offered at $979,000, approximately $121,000 below its reported $1.1 million desktop appraisal, this property offers investors an opportunity to acquire six newly constructed units in one transaction. SIX UNITS. EIGHTEEN BEDROOMS. EIGHTEEN BATHROOMS. Each unit features a spacious 3-bedroom, 3-bathroom floor plan with granite countertops, stainless steel appliances, luxury vinyl plank flooring, open-concept living areas, modern finishes, and central heating and cooling. The property also offers nine parking spaces. INVEST IN A REGION ATTRACTING MAJOR ECONOMIC DEVELOPMENT! Peach County is the focus of approximately $4.3 billion in announced manufacturing investments, including Blue Bird Corporation's $300 million Fort Valley expansion and Audi's planned $4 billion Middle Georgia manufacturing facility. Together, these announcements represent approximately 4,875 planned jobs, creating potential future opportunities for local rental housing demand. Job creation, project timelines, and rental demand are not guaranteed. TWO WAYS TO PURCHASE! Option 1: Purchase vacant and unfurnished, giving you the flexibility to establish your own leasing and management strategy. Option 2: Explore an optional furnished student-housing investment package with tenant placement services available for an additional fee. Student occupancy is targeted for January 31, 2027, subject to leasing activity, executed agreements, and tenant availability. Neither occupancy nor rental income is guaranteed. INVESTMENT POTENTIAL: At a projected $700 per bedroom per month, the property offers $12,600 in potential monthly gross rental income and $151,200 annually at full occupancy, before vacancy and operating expenses. This equates to a 15.44% gross scheduled income yield based on the asking price, not a cap rate. A projected financial package and pro forma are available for qualified buyers. Ideal for investors evaluating multifamily portfolio expansion, student housing, workforce rental opportunities, or a potential 1031 exchange. Located in the Fort Valley market near Fort Valley State University. Cash and conventional financing considered. DSCR financing may be available subject to lender approval. Buyers should consult their tax professionals regarding potential year-end acquisition and depreciation strategies. NEW CONSTRUCTION. SIX INCOME-PRODUCING UNITS. ONE INVESTMENT OPPORTUNITY. Schedule your private showing and request the investor financial package today!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
1,497.34 m2
Year Built
2026
Num Floors
2
County
Peach - GA
Parcel ID
F05A040
Provider
First Multiple Listing Service, Inc.
Subdivision
Fort Valley 113
Brokerage Office Name
The Premier West Group LLC
Brokerage Office Phone
(470) 907-8266
Neighbourhoods
Fort Valley 113
Address
619 Elberta Street, Fort Valley, GA 31030

Nearby Schools

TypeSchool nameDistrict name
HighPeach CountyNot available
ElementaryHuntNot available
MiddleFort ValleyNot available
JuniorhighFort ValleyNot available

Tax History

YearTax amount
2024USD $4500NZD $7,991*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Elle McGhee
Keller Williams Realty West Atlanta
2700 Cumberland Pkwy. Suite 400, Atlanta, GA 30339
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Elle McGhee
2700 Cumberland Pkwy. Suite 400, Atlanta, GA 30339
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      Property ID: 110121090607

      Original Property ID: 3yd-FMLSGA-7865643
      Data provided by First Multiple Listing Service, Inc., MLS #: 7865643
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