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All Forum Posts by: Kevin Kao

Kevin Kao has started 1 posts and replied 1 times.

Post: Old Fourth Ward Fix & Flip Opportunity!

Kevin Kao
Posted
  • Posts 1
  • Votes 0

Here’s a great opportunity in one of Atlanta’s most desirable areas — located between Virginia Highland and Old Fourth Ward. With easy access to the BeltLine, Ponce City Market, and tons of retail and dining, this is a strong location with consistent demand and long-term upside.

The property is a 3 bed, 1 bath single-family home on a 6,500+ sq ft lot, with solid potential whether you're looking for a flip or a long-term play. It needs a full renovation, but the numbers make sense: current ARV sits around $710K with a standard rehab, or you can add square footage (via a pop-top or rear addition) to push ARV into the $1M+ range. Rehab estimates vary depending on the exit strategy

standard reno around $110K, or $200K–$250K for the value-add approach.

There are plenty of comps in the area — even smaller homes  currently listed in the $720K–$780K range, making this an attractive entry point. Whether you're flipping, building a high-end rental portfolio, or looking for a property with multiple exit strategies, this deal is worth a look.

If you’re actively buying in Atlanta and open to off-market opportunities like this, feel free to reach out at 912-703-5287. I’m consistently sourcing new deals and would love to understand your buy box to see if I can bring you something that fits!

PP: $450K