34% Below Market. 21% Rental Returns In Park Lane in Clarkston.
The contract for this two (2) bedroom, one-and-a-half (1.5) bathroom townhome at 3822 Parklane Dr. Clarkston, GA 30021 offers fantastic return opportunities for landlords investors!
Landlord investors can expect rents of $800 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 21%!
Townhomes with the same size and footprint (2/1.5, 960 sf) in the same complex have sold for up to $41,000, and same-sized two bathroom units have sold for up to $55,000.
Repairs Needed: This townhome is currently occupied but will be vacant upon closing. It needs some minor repairs and updates to maximize its rental value.
Additional Details: The complex is right across the street from the Georgia State University Clarkston campus, which means a steady flow of potential renters. HOA is $200/month and covers all exterior, landscaping, roof and plumbing.
Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Thursday, August 16th at 11 AM ET or check out our website at http://www.bmsells.com/property/ for more information.