33% Below Market Value TRIPLEX. 12% Rental Returns In Valley Oaks

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33% Below Market Value TRIPLEX. 12% Rental Returns In Valley Oaks

Rental Property Investor · Atlanta, GA · Member since 2014 · 807 posts · 274 votes

The contract for this Triplex at 790 Pat Mell Rd Se Smyrna, GA 30080 offers fantastic return opportunities for landlords and fix and flip investors!

This Cobb County property is a three-story house. Each floor is a separate unit with two (2) bedrooms and one (1) bathroom, totaling 900 SF. Total SF is 2,700.

Landlord investors can expect rents of $2,700 ($900 per unit) or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 12%!

Repairs Needed:The top and bottom units have already been mostly renovated. The middle unit needs the most work. Overall, this property is in average to good condition. Also, please note that the public records are wrong as this property is listed for much less sf than it actually has, so take advantage!

Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Tuesday, October 9th at 9:30 AM ET or check out our website at http://www.bmsells.com/property/ for more information.

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  • Brian HatcherBusiness Member
    Property Manager · Atlanta, GA · Member since 2016 · 127 posts · 48 votes
    7y

    @Marvin McTaw Is this property still available? I am very interested.

  • Rental Property Investor · Atlanta, GA · Member since 2014 · 807 posts · 274 votes
    7y

    @Brian Hatcher apologies for the delayed response here as I missed your post. We have it under contract and have a tentative closing set. There were some title issues that are almost fully resolved. Let us know if you'd be interested in being a backup buyer here. 

  • Brian HatcherBusiness Member
    Property Manager · Atlanta, GA · Member since 2016 · 127 posts · 48 votes
    7y

    I would be interested, and also interested in any further multi-family deals you may have in the Atlanta area. @Marvin McTaw

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