Tear Down or Fix Up in Smyrna, GA

[Amy Pedersen]

Property is under contract and offered as an assignment for $215K or highest offer. We are direct to seller. (Want the inside scoop on future Atlanta-area opportunities? Sign up at http://www.highbornegroup.com/)

Highly sought transitioning community that enjoys the SMYRNA address without city tax in Unincorporated Cobb County. This location is:

• 5 minutes away from I-285
• Walking distance to shopping and the Silver Comet Trail
• 10 minutes away from the Braves Stadium
• 20 minutes to the airport
• 15-20 minutes from downtown

Overview:

• 1963
• Brick Ranch
• Framed to be a 3/1 on main and an additional 3/1 with kitchenette in framed/stubbed basement
• 12,180 sq ft lot
• No HOA

Multiple exit strategies on this Smyrna opportunity:

• Pop the top and enjoy amazing views of the city!
• Rehab the main floor/finish the basement
  • Basement is already framed/stubbed to be a 3 bedroom / 1 bath income suite with a kitchenette.
• Air BNB
• House Hack
• Tear Down

Owner planned to completely rehab himself but has run out of steam/resources. Work to date:

• New roof, electrical and plumbing, including 100 gallon water heater
• Framing
• Owner intends to deliver the property free from debris (currently family storage)

Comps:

• 4783 Camp Highland Rd, Smyrna Ga 30082 5/4.5 $699,000 (11/29/17)
• 4963 Lewis Dr, Smyrna GA 30082 5/5 $525,000 (10/27/17)

Photos are available here.

Offered at $215,000 or Highest Offer

Realtors - Please add your fee before forwarding to your clients. Price does not include your commission.

Group Showing on Wednesday afternoon
NOTE: Individual showings will be available if property does not go under contract at group showing.

Want to Know the Full Address/Showing Details
If we haven't done a deal together, please email your Proof of Funds (including contact info) to [email protected] to receive the details.

Terms:

• Wholesale (Assignment) Opportunity
• Sold AS-IS
• No contingencies and no disclosures.
• Do your Due Diligence before making offer
• $2500 non-refundable Earnest Money due within 24 hours of Assignment Contract Acceptance. (If not received within 24 hours, we move on to the next buyer.)
• Closing at Rand & Associates
• Will only accept offers on our assignment contract.

Realtors - Add your fee (whatever you like) on top of purchase and bring us a buyer! The listed price DOES NOT include your commission. Preference will be shown to cash buyers.

Wholesalers - Please do not re-market as your own. The Highborne Group LLC controls the contract.

Questions? Call us at 678.888.2201 or email [email protected]

Notices & Disclosures:

1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates or information provided are for real estate investors’ convenience and must verify all data independently.
2. NON-REPRESENTATION: Owners, members, and or employees hold a real estate license in the State of Georgia. Any and all information provided to you is done so strictly for informational purposes.
3. RISK OF LOSS: Real estate investment is speculative in nature and there is a risk for loss. The recipient of this information should carefully consider whether such investing is suitable for them.
4. DO NOT ENTER PROPERTY without permission.