# 1604 Lankford Drive, Valdosta, GA 31601

> **TL;DR:** 1bd/1ba residential multi family, $2,395,000 ($204/sqft), built 2026, 11,730 sqft.
> A/C. Est. $10,378/mo. Listed 48 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,395,000 |
| Price/sqft | $204 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 11,730 |
| Year Built | 2026 |
| Lot Size | 36,573 sqft (0.84 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 48 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,378 |
| **Total** | **$10,378** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2026
- 0.84 acre lot
- 2 stories

## Description

### Agent Description
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 power, water and internet while landlord covers trash and lawn care, resulting in an efficient expense structure. Strategically located just off St. Augustine Road and US Highway 84, the property benefits from strong visibility along a well-traveled corridor, with traffic counts of approximately 11,800 vehicles per day on Lankford Drive and 21,600 on St. Augustine Road. The site offers immediate access to Valdosta's primary retail / commercial corridor, Interstate 75 (Exits 16 and 18), Valdosta State University, major employers, healthcare providers, and Moody Air Force Base, supporting sustained rental demand. Constructed with durable, low-maintenance materials, this turnkey asset delivers immediate cash flow with minimal lease-up risk in one of South Georgia's most active multifamily submarkets.

## Location

- **Address:** 1604 Lankford Drive, Valdosta, GA 31601
- **Neighborhood:** Lankford
- **Coordinates:** 30.835334, -83.311544
- **Google Maps:** https://www.google.com/maps?q=30.835334,-83.311544

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/1604-Lankford-Drive-Valdosta-GA-31601/unbranded

## Listing Agent

- **Name:** John Courson
- **Brokerage:** COLDWELL BANKER PREMIER REAL E
- **Phone:** 2292514632
- **Email:** jtcourson@gmail.com

## Primary Photo

![1604 Lankford Drive - Primary Photo](http://lh.rdcpix.com/831c24eeabbd6cc4ef8fae87053648b1l-f1739013637r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/1604-lankford-drive-valdosta-ga-31601-a153297)*

---

**MLS#:** 153297 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1604-lankford-drive-valdosta-ga-31601-a153297)

---

## Structured Data

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