COLLEGE PARK, GA 30349

Asking Price: $119,000

Estimated ARV: $235,000+ (after renovation)

Estimated Repairs: $50,000 

Property Overview This 3 bed / 2 bath brick ranch in College Park sits on a 0.42-acre lot and offers solid bones at a low basis. Built in 1971, the home needs a full rehab throughout. Comps in the area support an ARV of at least $235,000. Brick construction means lower exterior maintenance costs and a more durable rehab outcome for flippers and landlords alike.

Deal Details

• Bedrooms / Bathrooms: 3 BR / 2 BA
• Living Area: 1,224 sq ft
• Style: Brick ranch
• Year Built: 1971
• Lot Size: 0.42 acres
• Property Type: Single-family
• Condition: Full rehab needed

Numbers Snapshot

• Purchase Price: $119,000
• Estimated Repairs: $50,000 
• All-In Cost: $169,000 
• Estimated ARV: $235,000+
• Estimated Gross Spread: $51,000 - $66,000, before closing and holding costs

Why This Deal Works

• Brick construction lowers exterior maintenance costs.
• The low basis leaves room for a spread after a full rehab.
• The 0.42-acre lot is larger than many comparable ranches.

Ideal For

• Experienced fix and flip investors
• Buy-and-hold investors looking for a low basis
• Contractors and builders wanting a brick ranch to renovate

Important Note: All figures are estimates. The buyer should complete independent due diligence.

Contact John for more details or to make an offer: (678) 498-5675