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1604 Lankford Drive, Valdosta, GA 31601

Valdosta
Local realty services provided by:CENTURY 21 Realty Advisors GA
1604 Lankford Drive,Valdosta, GA 31601
$2,395,000
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  • - Beds
  • - Baths
  • 11,730 sq. ft.
  • Multi-family
  • Active
Listed by: john courson
Office: coldwell banker premier real e
MLS#:153297
Source:GA_VBR

Price summary

  • Price:$2,395,000
  • Price per sq. ft.:$204.18

About this home

1604 Lankford Drive offers a rare opportunity to acquire a newly constructed 15-unit multifamily asset in the highly desirable central Valdosta market. This ground-up development provides the advantages of modern construction, minimal deferred maintenance, and an accelerated path to stabilization, with 10 of 15 units moved in already or pre-leased on 12-month terms over May-June-July 2026. The property features fifteen identical one-bedroom, one-bathroom units, each approximately 782 square feet, designed for efficiency and strong tenant appeal. Units include central HVAC, in-unit washers and dryers, 9-foot ceilings, luxury vinyl plank flooring, matching set appliances, and walk-in closets, creating a Class A-style living environment. Units are pre-leasing at $1,295 per month, generating projected annual gross income of approximately $233,100 and providing a stable, predictable revenue stream. Each unit is individually metered, with tenants direct billed by utility provider(s) for...

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Home facts

  • Year built:2026
  • Listing ID #:153297
  • Added:64 day(s) ago
  • Updated:June 17, 2026 at 03:10 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:11,730 sq. ft.

Structure and exterior

  • Roof:Architectural
  • Year built:2026
  • Building area:11,730 sq. ft.
  • Lot area:0.84 Acres
  • Construction Materials:Cement Siding
  • Exterior Features:Front Porch
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,395,000
  • Price per sq. ft.:$204.18
  • Tax amount:$136 (2025)

Features and amenities

  • Laundry features:Dryer, Washer
  • Amenities:Blinds, Insulated, Thermopane Window

Parking

  • Parking description:1 Car
  • Garage spaces:1
IDX information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Humboldt Association of REALTORS® June 17, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. GA_VBR Member Broker: Clamon Browning

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