Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

260
Posts
210
Votes
Jack Tucker
  • Real Estate Investor, Flipper, PM, vacation rental, Wholesaler
  • Athens, GA
210
Votes |
260
Posts

$1980/month for $109k, 14.8% Cap including PM and Vacancy Quad- Athens Georgia

Jack Tucker
  • Real Estate Investor, Flipper, PM, vacation rental, Wholesaler
  • Athens, GA
Posted

Killer Cashflow Turnkey Opportunity

Off-market. Wholesale.  MUST CLOSE BY APRIL 30th!

100% occupancy. Leased till July 2016 $1660/mon. ($475+395+395+395) 12% cap as-is!

Market is at $1980+/month. That's a 14.8% Cap rate!!! INCLUDING VACANCY AND PM!!!

PM in place.  Truly Turnkey!

All-Brick 1 bedroom/1 bath Quad with Metal roof.

Independent Central HVAC Heat Pumps. All Electric. Pine-shaded yard.

Individually metered for Power and Water. Tenants pay own utilities.

THIS IS NOT A WAR ZONE!! Lowest unemployment in the state!
On quite Culdesac minutes to downtown, commercial/industial jobs and UGA

Read other posts about Athens GA, home of University of Georgia.

This is a SFR neighborhood with a couple of stabal multifamily quads.

Message me for more picturs, pro forma spreadsheet, sellers disclosure statements, and even the contract that you would be assuming.  Must move fast before I change my mind and buy it instead!!

Offering

Most Popular Reply

User Stats

260
Posts
210
Votes
Jack Tucker
  • Real Estate Investor, Flipper, PM, vacation rental, Wholesaler
  • Athens, GA
210
Votes |
260
Posts
Jack Tucker
  • Real Estate Investor, Flipper, PM, vacation rental, Wholesaler
  • Athens, GA
Replied

Analysis calculator courtesy of BP. Includes PM, Capex, Vacancy, Repairs, everything.

I double dog dare you to show me something else in this marketplace that's a better turnkey opportunity than this baby!  

If you need more time to close, might be able to get extension to May 8.

;)

Athens Georgia, double digit cap rates, cash on cash, turn key, Atlanta area, hot deal, wholesale, Legit numbers, multifamily, 4-plex, Quad,  

Loading replies...