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It's time to buy. Fix n' flip or buy & hold. At 69% ARV multiple exit strategies!
Property Specifications 50 Dorothy St SE, Atlanta, GA 30315 3 Beds/2 Baths 1,131 SqFt Built in 1920 Access is by lockbox call/email/text for code
Quick thought Perfect flip for newbie or experience investor. Rare 69% of ARV deal, located in South Atlanta neighborhood. Property has an open floor plan. Renovations have already started, already have brand new wiring system installed and new sheet rocks have been replaced around the house. Low DOM for comps.
Numbers Cash Price: $70,500 OBO Repairs $10k-15 (Rental) 20-25k Retail $130,000 ARV (conservative) $1,000/mo Rent Must be able to close quickly. Do DD prior to contract.
Comps 64 Dorothy St SE 3/2 (1920YB) - 150,000 Sold(03/29/2016) 0.2mi 1562 Jonesboro RdSE 3/2 (1920YB)- 179,000 Sold(06/14/2016) 0.2mi 62 Dorothy St SE 3/2 (1920YB) - 169,000 Sold(08/02/2016) 0.2mi 229 Harriet St 3/2 (1935YB)- 142,000 Sold(11/04/2016) 0.6mi 62 Adair Ave SE 3/2 (1935YB)- 126,000 Sold(10/04/2016) 0.8mi
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Want to buy it? Click here to make an offer. Bring all offers!
Do you have a specific request? Reply to this email with your buying criteria!
Got questions? I have answers. Feel free to contact me.
By the way... Have capital and looking to JV? That's something we can do too. We have several new build and renovations that we're doing in Atlanta and we're open to partnership opportunities. Want to be part of my lender network? Reply to this email and I'll send you a whitepaper!
Ken Reed, Investor [email protected] 404-341-6222 Please note: all estimates and assumptions are not a guarantee for the performance of the investment. Buyers are responsible for conducting their own due diligence. Agents add your commission, wholesalers bring your buyers let's work together.
