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Transaction Highlights
- Address: 2900 Nursery Rd SE Smyrna, GA 30082
- Inspection: Wednesday, Aug 15th at 11 AM ET
- Repairs: Please see description below
- Asking Price: $154,900
- Inspection Report: Available upon request after August 15th
- Pictures: >> Click Here For Pictures <<
- Video: >> Click Here For Video <<
Opportunity Description
The contract for this three (3) bedroom, one-and-a-half (1.5) bathroom property at 2900 Nursery Rd SE Smyrna, GA 30082 offers fantastic return opportunities for landlords and fix and flip investors!
Rehab investors can potentially earn cash-on-cash returns of 20% or greater with the contract for this property. Similar renovated homes like 136 Mark Lane have sold for $245,000 with other nearby slightly larger renovated homes selling for as much as $260,000 or more.
Landlord investors can expect rents of $1,300 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 9%!
Repairs Needed: This large corner lot property has been owner-occupied for decades and has been mostly well maintained. General updating is needed, the partially finished basement could be completed and the half bathroom could be turned into a full bathroom. Take advantage of a smoking hot Smyrna market, located in a solid Cobb County school district, while it’s still on fire.
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 Wednesday, August 15th at 11 AM ET.