Transaction Highlights
- Address: 3156 Oak Dr, Lawrenceville, GA 30044
- Repairs: depends on exit strategy
- Inspection: Wednesday, Feb. 28th at 1 PM ET
- Asking Price: $119,900
- Market Rent: $1,450 to $1,550
- Pictures: >> Click Here For Pictures <<
Opportunity Description
The contract for 3156 Oak Dr, Lawrenceville, GA 30044 offers fantastic return opportunities for landlords and fix and flip investors on this three (3) bedroom, three-and-a-half (3.5) bathroom house in Sweetwater Estates that sits on nearly 3-acres! This neighborhood is also in one of the best school districts in metro Atlanta, which includes Parkview High School.
Rehab investors can potentially earn cash-on-cash returns of almost 31% or greater with the contract for this property. Good, but not great, renovated homes like 3450 Oak Dr have sold (pending) for as much as $242,500. This means your potential resale could be significantly higher for an excellent renovation or space addition.
Landlord investors can expect rents of $1,450 to $1,550 or more generating substantial positive cash flow. At the low end of this rental rate, landlords would earn cash-on-cash returns in excess of 11%!
Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! Please RSVP for the inspection and walk-through taking place this Wednesday, February 28th at 1 PM ET to learn more about this opportunity.