MARIETTA, GA 30067

MARIETTA / HAMBY ACRES | ONE-LEVEL RANCH | 2BD / 1BA | 900 SQFT | QUICK VALUE-ADD OPPORTUNITY (NOT IN MLS)

REMINDER!!! PLEASE SIGN UP for Walk Through Access Monday, November 02, 2026 at 05:15 PM - 06:15 PM. You will need to be registered in order to attend the walk-through. The RSVP button is to the right of the blue banner at the top of the screen of the website

PROPERTY OVERVIEW

• Location: Marietta, Georgia
• Property Type: One level ranch home built in 1954
• Bedrooms and Bathrooms: 2 bedrooms and 1 full bathroom
• Living Area: Approximately 900 square feet
• Purchase Price: 185,000
• Estimated Renovation: 70,000
• Estimated ARV: 320,000
• Closing Date: December 30, 2026

MAIN LEVEL LAYOUT

• Living room, dining room and kitchen
• Two bedrooms and one full hall bathroom
• Separate laundry room and attic storage space
• Rear walkout to backyard
• Simple existing floor plan suitable for a cosmetic renovation without major structural reconfiguration

RENOVATION AND CONDITION

• Property has reportedly been used as a longtime rental.
• Roof is older and should be budgeted for replacement.
• HVAC system is older and should be budgeted for replacement.
• Windows are older and should be evaluated for replacement.
• Interior renovation should include kitchen and bathroom updates, flooring, paint and other cosmetic improvements as needed.
• Estimated renovation budget is 70,000, including allowances for major system replacements.

COMPARABLE SALES AND ARV SUPPORT

• Strong Recent Comparable: 1972 Clearwater Dr SE sold for 345,000 in May 2026. The property featured 2 bedrooms, 1 bathroom and approximately 999 square feet. Its matching bedroom and bathroom count and modestly larger size provide strong upper end support for the subject's 320,000 ARV target.
• Same Street Comparable: 307 Yancy Dr sold for 305,000. This completely renovated 2 bedroom, 1 bathroom home had approximately 996 square feet. Although the sale is older, it demonstrates buyer demand for renovated small ranch homes directly on Yancy Drive.
• ARV Strategy: The 320,000 renovated retail target is supported by recent comparable sales, with the strongest recent comparable closing at 345,000.

LOCATION HIGHLIGHTS

• Convenient access to Interstate 75 and Marietta Square
• Close to Truist Park, The Battery, shopping and major employment corridors
• Affordable one level living and an efficient floor plan may appeal to owner occupants seeking a renovated starter home or downsizing option.

INVESTMENT STRATEGY

• Primary Strategy: Full cosmetic renovation and resale.
• Purchase Price: 185,000
• Estimated Renovation Budget: 70,000
• Total Purchase and Renovation Basis: 255,000 before closing costs, holding costs, financing, resale expenses and other project costs
• Estimated ARV: 320,000
• Estimated Gross Spread: 65,000 before additional project costs and selling expenses

SHOWING AND OFFER REQUIREMENTS

• Buyers must register for the scheduled showing and be on the access list to attend.
• This is the only scheduled opportunity to access the property before contracts are accepted.
• Final and Best Offer Deadline: Thursday, November 5, 2026, at 9:00 AM
• Closing Date: December 30, 2026
• Proof of Funds and LLC documentation must be uploaded for an offer to be considered.
• Contact: Nikki Cornblatt by call or text at 484-310-8993.

TRANSACTION TERMS AND DISCLAIMERS

• Seller of equitable interest only. The property is not owned by the assignor. The transaction involves the sale or assignment of the assignor's equitable interest under contract.
• Buyers must conduct their own due diligence. Repair estimates and property values are provided for informational purposes and are not guaranteed.
• Buyers are responsible for property cleanout and all closing costs.
• Buyers may not contact the seller directly without express written consent from MPH. Unauthorized contact may be considered interference with a contract and may result in legal action.
• Property information is proprietary to MarketPro South, Inc. and its affiliates. The property is currently under contract, and any transaction will be completed through an assignment of the existing contract.
• MarketPro does not collaborate with other wholesalers.

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