Atlanta High-End Fix/Flip w/ 25% ROI

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Atlanta High-End Fix/Flip w/ 25% ROI

Flipper/Rehabber · Peachtree City, GA · Member since 2015 · 100 posts · 13 votes

SBRE have direct relationship with the owner of this high-end Atlanta property and negotiated a wholesale price 24% below current market value.

Undisclosed Address

Atlanta, GA

MARKET VALUE: $2,500,000+

FIRM WHOLESALE PRICE: $1,950,000

$550,000 INSTANT EQUITY

MARKET VALUE: $2,500,000+

WHOLESALE PRICE: $1,950,000

REHAB UPGRADES: $50,000 

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TOTAL COST: $2,000,000

MINIMUM BUY/FLIP MARGIN: $500,000 (25% ROI)

This is a 6BR/5.5BA Single-Family Traditional Style Home

with over 7,000 square feet of livable space on a 2+ acre gated estate.
This executive home sits in a very prestigious and upscale Atlanta community in Fulton county and will easy access to Atlanta Airport, Buckhead, Midtown and Downtown Atlanta. This home is in impeccable shape with only a few added-value updates to make it shine brighter and raise the value to over $2.7M.

PROPERTY FEATURES:

  • Executive Living Spacious Floor Plan
  • 6 Bedrooms / 5.5 Bathrooms
  • Marble Floors and Hardwood Floors
  • Recently Remodeled Gourment Kitchen
  • Custom Designed Swimming Pool with Granite
  • 3-Car Spacious Garage
  • Tennis and Basketball Court
  • Gated Estate with Privacy
  • Amazing Professional Landscaped 2+Acres
  • Library, Sunroom and much, much more
  • Estimated Rehab: $50k 
    • Upgrade baths
    • Upgrade Kitchen Floor
    • Replace Goldtone fixtures and Faucets
    • Choice of new Chandeliers
    • Optional refacing of exterior, but not necessary.
    • Other owners personal preferences.

REQUIREMENTS

*No Owner-Financing Available.

*Verifiable POF or Pre-Approval Letter
*Required Earnest Money:$20,000 within 3 business day of executed PSA.
*Buyer pays closing cost. 

Contact SBRE at 770.225.4681 or email [email protected] 

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  • Real Estate Broker | Investor | Property Manager · Plantation, FL · Member since 2015 · 228 posts · 68 votes
    10y

    hard to believe that for a property that large, they only need 50k....any pictures to support the claim? No disrespect intended, I'm just a conservative guy

  • Developer · Decatur, GA · Member since 2011 · 1k+ posts · 1k+ votes
    10y

    @Michael Daniel  YOU should do this deal.  Should be no problem to get a loan to do the $50k rehab and sell it for $2.5M.  

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