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Updated over 7 years ago,

User Stats

75
Posts
12
Votes
Ken Reed
  • Investor
  • Smyrna, GA
12
Votes |
75
Posts

Venetian Hills Flip with multiple exits

Ken Reed
  • Investor
  • Smyrna, GA
Posted
Bring this Venetian Hills home back to life!

Property Specifications

1432 Elizabeth Ave.SW Atlanta, GA 30310
(Click Image for Video Walk-through)
Click Here for pictures
2 Beds/1 Bath ( can easily be converted to 3/1 or 3/2 with front and back porch foundations already laid)
725 SqFt (Huge 10,000sqft lot)
Taxes $382
Built in 1950
Vacant access is by lockbox email/text for code


Quick thought
House has good bones, but needs a complete gut renovation. Venetian hills area is catching fire. Now is the time to get in. You can buy this, then renovate and keep for a buy n hold for a 1-2 years and then sell for large profits. Or do your complete renovation and sell for 130-140k retail.

Numbers
Cash Price: $38,400 OBO
MUST BE ABLE TO CLOSE FAST 10D or LESS!

Repairs ~30k for rental ~75k for Retail
ARV- 125-140k
Comps all within 0.5mi
1379 Aniwaka Avenue SW 3/2 $144,500 11/02/16
1404 Lockwood Drive SW 3/2 $139,500 05/05/17
1378 Lockhaven Circle 3/2 $139,000 02/27/17
1309 Lockhaven Circle SW 3/2 $133,000 10/12/16
1316 Kenilworth Drive SW 3/2 $128,000 05/31/17
1385 Kenilworth Drive SW 3/2 $125,000 02/24/17
$925/mo Rent for 3/1 & $800-825 for 2/1
Make me an offer. 
Click here to make an offer. Bring all offers!

Do you have a specific request?
Reply to this email with your buying criteria!

Got questions?
I have answers. Feel free to contact me.

By the way...
Have capital and looking to JV? That's something we can do too. We have several new build and renovations that we're doing in Atlanta and we're open to partnership opportunities. Want to be part of my lender network? Reply to this email and I'll send you a whitepaper!

Ken Reed, Investor
info@cashsalequickclose.com
678-561-4458

Please note: all estimates and assumptions are not a guarantee for the performance of the investment. This property may be a property we own or a property we are selling our assignable rights. Buyers are responsible for conducting their own due diligence. Agents add your commission, wholesalers bring your buyers let's work together. 
Offering