206 West Jones Avenue, Statesboro, GA, US, 30458
Basics
- Date added: Added 1 week ago
- Category: Residential
- Type: Residential
- Status: Active
- Bedrooms: 1
- Bathrooms: 1
- Area: 1211 sq ft
- Year built: 1948
- Bathrooms Half: 0
- MLS ID: 169033
Description
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Description:
Investors, take note: this is a rare chance to secure a strategic foothold in Statesboro’s high-demand rental corridor. Perfectly positioned between the high-energy Georgia Southern University campus and the city’s evolving downtown district, this three-unit portfolio offers a sophisticated “barbell” investment strategy—combining immediate, worry-free cash flow with a clear, high-margin value-add play. The package consists of two distinct parcels. The first features a modern, turnkey duplex at 115A/B Inman Lane, which underwent a comprehensive professional renovation in 2022. Paired with the occupied 1,232 sq ft residence at 117 W Jones Ave, this parcel acts as the portfolio’s stabilized anchor, delivering consistent monthly revenue from day one. However, the true “alpha” of this deal lies just one minute away at 206 W Jones Ave. Situated on its own deeded lot, this 1,211 sq ft home is a blank canvas ready for a high-end renovation. By modernizing this third asset, an owner can force significant appreciation and capture the top-tier rental rates currently driving the Statesboro market. This is not just a collection of properties; it is a diversified income engine designed for the savvy operator who understands the value of proximity to a major university and a growing urban core. Whether you are looking to scale your student housing portfolio or execute a high-yield renovation and hold, this multi-asset offering provides the flexibility and location necessary for long-term outperformance. Don’t miss your chance to capitalize on one of the most robust rental markets in the region.
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Location
Building Details
- Water: Public
- Construction Materials: Wood Siding, Walls (Other See Remarks)
- Fencing: None
- Parking Features: Unpaved
- Fireplace Features: None
- Fireplace: No
- Roof: Shingle
Amenities & Features
- Exterior Features: None
