Anyone familiar with the Collier Heights neighborhood in Atlanta?

[Duane Alexander]

Hey guys. I'm thinking about putting an off market house under contract in the Collier Heights neighborhood in 30331. Seems like a decent neighborhood from driving through during the day time. I'll be getting it for 100k. Rents cap out around 1300 a month. One thing I noticed though is that rehabbed houses are only going for around 200k. However right across 285 in 30318, rehabbed houses are going for around 300k+. Why the difference? What can you tell me about 30331, more specifically the Collier Heights neighborhood? I'm thinking it may be a good long term appreciation play as more development comes toward the west side. 

[Randy Lee]

@Duane Alexander are you sure the house is in Collier Heights? I believe Collier Heights is 30318 and is inside 285 and yes, there are houses selling there (and in 30318 generally) well over 300k. 30331 is on the other side (outside) 285. The exact location makes a difference.