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Updated over 8 years ago, 04/27/2016

User Stats

10
Posts
3
Votes
Levada Spann
  • Real Estate Agent
  • Smyrna, GA
3
Votes |
10
Posts

HOT FLIP DEAL ATLANTA, GA METRO AREA

Levada Spann
  • Real Estate Agent
  • Smyrna, GA
Posted
FLIP THIS HOT DEAL in 30345

This is one of our hottest deals of the year so far! Great home in an even better neighborhood with new construction all around. The Oak Grove Reserve is a farirly new community that's right across the street from this one. Meadowcliff is showing high demand because it's in the Oak Grove elementary school district and close proximity to Emory/Clairmont. The price of lots has skyrocketed in the past 6 months in this general area. If you've ever thought about where your next high-end flip is coming from, look no further.

You have several options to determine what's best for you...either add a 2nd story and sell in the 700-800k range or go new construction and sell in the $1M+ range. With the amount of calls I get on a regular basis for deals like this, this is a no brainer. I do have survey in hand.

2131 Abby Ln NE, Atlanta GA 30345
4br/2.5ba, 1849sqft, built 1956, .4acre lot

Price: $360K cash

Rehab: depends on exit strategy
ARV: 2nd story addition: $700-800K
new construction: over $1M

**Once property has been viewed and all due diligence has been done, we can proceed with contract and earnest deposit. We will not send you a contract if you haven't viewed property. We will have two copies of purchase agreement at the showing, so come please come prepared.**

Offering