3 Bed
1 Bath
1,840 FT2
0.1 Acres
Built in 1940
Turnkey Student Housing Investment in Milledgeville, GA For Sale by Owner
Invest in a renovated student rental near Georgia Military College and just blocks from Georgia College & State University. This 1,840-square-foot property features a profitable five-bedroom, three-bathroom layout designed for student housing in Milledgeville’s high-demand campus area.
Recent improvements include a brand-new architectural shingle roof, a new high-efficiency HVAC system, updated appliances, and three completely modernized bathrooms. These upgrades may help reduce near-term maintenance needs while offering a refreshed, tenant-ready interior.
The property has a stated gross potential rental income of $36,000 per year, based on an estimated $600 per room per month, and an advertised 11.25% gross capitalization rate at current market valuations. Actual rental income, occupancy, expenses, and returns may vary; buyers should independently verify all financial figures and confirm applicable rental requirements.
A compelling FSBO opportunity for investors seeking student housing near Milledgeville campuses. Contact the owner for property details and an opportunity to review the current rental information.
| Date | Event | Price |
|---|---|---|
| 11/09/2026 | Listing Price | $320,000 |
230 East Screven Street, Milledgeville, GA 31061, USA, City - Baldwin County