Transaction Highlights
- Address: 4413 Bradley Dr, Snellville, GA 30039
- Repairs: depends on exit strategy
- Inspection: Thursday, Feb. 22nd at 3 PM ET
- Asking Price: $39,900
- Market Rent: $1,100 to $1,250
- Pictures: >> Click Here For Pictures <<
- Video: >> Click Here For Videos <<
- Sketch: >> Click Here For Sketch <<
Opportunity Description
The public records are wrong. The contract for the two (2) bedroom, one (1) bathroom house at 4413 Bradley Dr, Snellville, GA 30039 offers fantastic return opportunities for landlords and fix and flip investors!
Developers and rehab investors can potentially earn cash-on-cash returns of almost 30.0% or greater with the contract for this property with multiple exit strategies including a normal renovation, adding square footage or doing new construction.
Excellent renovated homes not directly on the lake’s edge in the Norris Lake Shores neighborhood typically sell for between $140,000 and $150,000 and there are some active and pending listings for similar homes at up to $160,000. Market experts also anticipate home values to continue to strengthen another 4.0% within the next 12 months or less. This means your returns could be even higher.
Landlord investors can expect rents of $1,100 to $1,250 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns of almost 18.0%!
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 at 3 PM ET or check out our website at http://www.bmsells.com/property/ for more information.
Note: this property is occupied. Do not disturb the occupant. Drive-bys only or RSVP for our inspection this Thursday at 3 PM ET.