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.

Any way i asked him if i can try to fill it up and turn the park around (its small about 20 slots) and he said yea.  

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. 

I think going slightly lower than the average ADR will get those slots filled + a great product that stands out.

Best move: line up docs and an appraisal slot now so when a winner pops, you can write a confident close date and perform.

well it only takes one :)  my play there on the penninsula has been scarcity lets see if that plays out on this one.  

So, agree on 2 hour showing slots - one during weekday, one weeknight and from 11-1pm on Saturdays (the MOST popular showing slot!).

That determines 90 percent of the play here.Here’s the step-by-step framework I use when evaluating these in-between parcels:1.

Groups that move quickly on large land plays usually include experienced land developers, family offices, private equity real estate shops, or institutional-leaning partners who already have dry powder and a track record with entitlement risk.