OFF-MARKET DEAL — BUILDABLE LOT / TEAR-DOWN 🔥428 HOLLY DR SE, ATLANTA, GA 30354ASSIGNMENT PRICE: $105,000(Contract Price: $75,000 — Assignment Fee: $30,000)📌 DEAL HIGHLIGHTSOff-market tear-down / lot play in the rapidly appreciating Lakewood / South Atlanta corridorPerfect for infill builders, spec builders, or new construction developersComps confirm strong lot value ($105k–$120k nearby)Utilities available — ideal for new constructionZoned for residential single-family development📊 LOT COMPS (Nearby Tear-Down Sales)AddressLot Price430 Holly Dr SE$115,000435 Holly Dr SE$108,000422 Holly Dr SE$120,000439 Holly Dr SE$118,000You’re getting it at: $105,000 — Below market value🏗️ NEW CONSTRUCTION ARVBrand-new 1,600–1,800 sqft homes in this pocket sell for:💰 ARV: $350,000 – $380,000Strong numbers for builders with efficient construction crews.🔑 WHY THIS DEAL MAKES SENSE✔️ Instant equity based on lot comps✔️ High-demand new-build pocket (builders buying aggressively)✔️ Perfect 0.17 acre lot for a modern single-family home✔️ Rare opportunity — tear-downs in this area move fast✔️ Utilities and zoning make this ready for permitting💸 BUYER TERMSAssignment Price: $105,000EMD: $3,000 (non-refundable)Closing: On or before Closing Attorney: ____n/a______Buyer pays all closing costs____________________First buyer with EMD wins.

The best way to see if there is demand is to look on Zillow (there is a room feature) and Facebook Marketplace.

https://www.cnbc.com/2025/11/05/in-a-volatile-week-for-inter...Mortgage demand pulled back last week as rates swung wildly, starting off low and then climbing sharply, rattling buyers.  

The increased demand for rental properties increase rents.

We are seeing crazy high demand on the brick 2 units where they even sell close to same prices as 3 and 4 unit buildings. 

Mailing letters and cold calling is effective, but its a volume play, expect to be uncertain of the likelihood of results most of the time, before that wears off. 

On the flipside, a fully rehabbed building in a high-demand area like Pilsen can offer strong appreciation and solid rents..

We’ve always been long-term, buy-and-hold investors, we’ve got about 75 units, mostly single family and small multifamily here in central Arkansas. But like a lot of folks, we dipped our toes into the short-term renta...

Great play, becoming a bigger and bigger fan of this considering the cost of old inventory. 

There's huge demand for this space as more people age and need these types of living environments.