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Student Housing Opportunity | Underserved Student Market | Villas on 8 | Fort Valley GA

Market Price

820 State University Drive, Fort Valley, GA 31030

Active
Last Updated: 01/02/2026

9 acres

Lot Area

36

Units

Details:
Lot Area:    9 acres
Units:    36
Floors:    3
Parking Spots:    57
Highlights:
  • Underserved Student Housing Market: Villas on 8 is the only premier, off- campus housing option for FVSU students within 13.5-mile radius
  • Prime University Location: The property offers exceptional walkability to the university, providing students with convenient, car-free access to campus facilities and events
  • Value-Add Opportunity: New owner has the opportunity to renovate the remaining 18 units to a premium level
  • Opportunity to Push Rent To Market: Competitors’ rents outpace subject’s in-place rents by $124
  • Premium Asset Available Below Replacement Cost: Constructed in 1999, Villas on 8 presents an excellent opportunity to acquire a high-quality, well-maintained asset ($24,088/unit invested in capital improvements) at a price significantly below replacement cost
  • Growing Economy: Fort Valley State University and Blue Bird Corporation are key economic anchors, employing approximately 4,100 people; additionally, population growth adjacent to the property is projected to be 10.7% through 2034
Description:

Ri Marketplace Online Auction February 16th-18th, 2026
Register to bid on Marketplace

https://rimarketplace.com/auction/2943/student-housing-opportunity-underserved-student-market-villas-on-8-fort-valley-ga?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2943

Underserved Student Housing Market: Villas on 8 is the only premier, off- campus housing option for FVSU students within 13.5-mile radius
Prime University Location: The property offers exceptional walkability to the university, providing students with convenient, car-free access to campus facilities and events
Value-Add Opportunity: New owner has the opportunity to renovate the remaining 18 units to a premium level
Opportunity to Push Rent To Market: Competitors’ rents outpace subject’s in-place rents by $124
Premium Asset Available Below Replacement Cost: Constructed in 1999, Villas on 8 presents an excellent opportunity to acquire a high-quality, well-maintained asset ($24,088/unit invested in capital improvements) at a price significantly below replacement cost
Growing Economy: Fort Valley State University and Blue Bird Corporation are key economic anchors, employing approximately 4,100 people; additionally, population growth adjacent to the property is projected to be 10.7% through 2034
Ample Parking: In addition to the designated parking spaces, the property offers overflow parking.

Berkadia, in conjunction with RI Marketplace, is pleased to offer Villas on 8, the only purpose-built, off-campus housing option for FVSU students within a 13.5-mile radius. Villas on 8 is strategically situated on State University Drive, directly across from Fort Valley State University (FVSU), offering an unmatched location for students. This prime positioning provides students with the convenience of being just steps away from their classes, campus facilities, and university events, making it an irreplaceable choice for those attending FVSU. The ease of access to the university not only enhances the student living experience but also adds significant value to the property as a highly soughtafter housing option.


Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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