Duplex With Fenced
For Sale
$395,000
Ab-6006 Susan Cir, Valdosta, GA 31605
Two-unit property with private entrances, dedicated parking, and enhanced outdoor amenities.
Property Size2,123 SF
Price / SF$186.06
Days on Market84
Property Features for Ab-6006 Susan Cir
General Information
Standard status
Active
Size
2,123 SF
Property subtype
Residential Income
Additional Details
Gross Income
$37,200
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,656
Amenities
fenced backyard
above-ground swimming pool
separate storage shed
modern appliance packages
private entrances
dedicated parking
Building Details
Buildings
1
Listing Agency:
COLDWELL BANKER PREMIER REAL E
(229) 251-4632
Listed By:
John Courson · License #342868
(229) 251-4632
Source:
Exprealty
Added: Jun 8
Changed: Aug 25
Last Checked: Aug 29 at 11:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER PREMIER REAL E
Investment Insights
Based on property information with market context.
This duplex at 6006 Susan Circle contains 2,123 square feet across two separate units. Each side offers a private entrance, dedicated parking, spacious floorplans, and modern appliance packages. One unit previously served as an owner-occupied residence, while the other includes a fenced backyard, above-ground swimming pool, and separate storage shed.
The property is positioned opposite Moody Air Force Base in Valdosta, placing it near shopping, dining, healthcare, and major employment centers. Its two-unit configuration supports both traditional rental use and an owner-occupant arrangement, with distinct interior access and outdoor features that differentiate the larger-amenity side.
The property is positioned opposite Moody Air Force Base in Valdosta, placing it near shopping, dining, healthcare, and major employment centers. Its two-unit configuration supports both traditional rental use and an owner-occupant arrangement, with distinct interior access and outdoor features that differentiate the larger-amenity side.
Key Highlights
- 2,123‑square‑foot duplex at 6006 Susan Circle
- Located opposite Moody Air Force Base
- Private entrances and dedicated parking for both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,173
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$283,460
$283.5K
Cap Rate 7%
$202,471
$202.5K
Cap Rate 9%
$157,478
$157.5K
Market Conditions
NOI Build-Up for 2,123 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.7K $10.20/SF
− Vacancy
−$1.4K −$0.66/SF
EGI
$20.2K $9.54/SF
− OpEx
−$6.1K −$2.86/SF
NOI
$14.2K $6.68/SF
Area
Lowndes County, GA
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$283,460
Cap Rate 7%
$202,471
Cap Rate 9%
$157,478
Alternative Uses
Best Use
Multifamily LT 5
$202.5K
$177.2K – $236.2K
NOI $14,173 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$182.1K
$159.4K – $212.5K
NOI $12,749 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$322.3K
$282.0K – $376.0K
NOI $22,562 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 31605, GA
23,682
Population
9,642
Households
2.5
Avg Household Size
32
Median Age
35%
College-Educated
95%
High-School Grad
48.8 sq mi
ZIP Area
485
Density / Sq Mi
$73,991
Median Household Income
$42,359
Median Earnings
$1,230
Median Rent
$211,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with private entrances, dedicated parking, and enhanced outdoor amenities.
Where is this duplex located?
The property is located at Ab-6006 Susan Cir Valdosta, GA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,123‑square‑foot duplex at 6006 Susan Circle; Located opposite Moody Air Force Base; Private entrances and dedicated parking for both units
