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Transaction Highlights
- Address: 3822 Parklane Dr Clarkston, GA 30021
- Inspection: Thursday, August 16th at 11 AM ET
- Repairs: Please see description below
- Asking Price: $29,900
- Inspection Report: Available upon request after August 16th
- Pictures: >> Click Here For Pictures <<
- Video: >> Click Here For Video <<
Opportunity Description
The contract for this two (2) bedroom, one-and-a-half (1.5) bathroom townhome at 3822 Parklane Dr. Clarkston, GA 30021 offers fantastic return opportunities for landlords investors!
Landlord investors can expect rents of $800 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 21%!
Townhomes with the same size and footprint (2/1.5, 960 sf) in the same complex have sold for up to $41,000, and same-sized two bathroom units have sold for up to $55,000.
Repairs Needed: This townhome is currently occupied but will be vacant upon closing. It needs some minor repairs and updates to maximize its rental value.
Additional Details: The complex is right across the street from the Georgia State University Clarkston campus, which means a steady flow of potential renters. HOA is $200/month and covers all exterior, landscaping, roof and plumbing.
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 Thursday, August 16th at 11 AM ET.