🏠 Heavy Cash Flowing Condo💰 

LOCATION! I-85 and I-285 for easy access to downtown Atlanta or a quick 10 minutes to Hartsfield International Airport. In the community you will find a Library, Walmart, Shopping Centers, Pharmacies, Restaurants, Grocery Stores and so much more! 

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ASKING PRICE: $105K

ARV: $160K

PREFERRED LENDER LINK

Perfect For:

🚪 Buy & Hold Rental 

(Purchase Price) $105K + (Rental Rehab) $10k = (Total Investment) $115k

(Rent Rate) $1500/mo+

BRRRR Method: (Refinance $115K at 7% Interest rate)

(Loan Payment) $768 + (Taxes) $84 + (Insurance) $52 = (PITI) $904

(Rent Rate) $1500 - (PITI) = (Monthly Cash Flow) $596

RENTAL COMPS: 

6304 Abercorn St, Union City, GA 30291 - FOR RENT $1385/mo

6354 Shannon Pkwy, UNIT 19B, Union City, GA 30291 -  FOR RENT $1550/mo

6354 Shannon Pkwy, UNIT 14D, Union City, GA 30291 -  FOR RENT $1295/mo

🛠️ Fix & Flip 🏡

(Purchase Price) $105K + (Rehab) $20K = (Total Investment) $125K

(ARV) $160K - (Total Investment) $125K = (Gross Profit) $35K

SOLD COMPS:

6354 Shannon Pkwy UNIT 34B, Union City, GA 30291 - SOLD $160K

(exactly like ours)

FOR SALE: 

4500 Shannon Blvd UNIT 9B, Union City, GA 30291 -  FOR SALE $115K

(700 SQ FT!)

Property Overview:

🛏 3 Bedrooms

🛁 2.5 Bathroom

📏 1,536 Sqft 

🌳 .035 Acres

📅 Built in 1974

Property Details:

🧱Foundation: Block Frame on Slab 

🪟Windows: Original

🏠Roof: Age Unknown 

💨HVAC Unit: Recently Updated

💦HWH: 8 years old

🪠Plumbing: Polybutylene

💡Electrical: Breakers

 🌊 City Water

🚽 Waste: Sewer

🚨 HOA: $180 per month

Additional Insights:

🚀 Area: 30 min drive to Atlanta

🚧 Attention Required: Very Light Cosmetic

🔄️ Currently Occupied

PLEASE CALL TO SCHEDULE SHOWINGS

919-646-9714

TENTATIVE CLOSE DATE: ON OR BEFORE 08/12/2024

*PROPERTY WILL BE DELIVERED VACANT*