10% Cap Rate!!! COBB County SFR For Sale!!! Multiple Exit Strategies, GRAB IT NOW!!!

Cobb County, Marietta, GA, 30060
Sold
Listed at: August 29th, 2022
Price
$259,829
ARV
$376,000
Gross Margin
$116,171
Sq. Footage
1125
Type
Attached
Parking
Driveway
Year build
1967
Lot size
acres
Bedrooms
4
Bathrooms
2.5
Half Bathrooms
0
Summary

Assignable Contract For Sale by Owner/Seller

  • Great for investors looking for opportunities with a quick and easy cash flow or a Fix/Flip opportunity.
  • A lot of investor activity in the area


Property Overview; Property is a 4bed/2.5ba in total including 1bd/1ba Basement both are currently being rented and have two separate driveways and entrances/exits.


Main Property;

  • 3Bd//1.5Ba
  • Year Built: 1967
  • SqFt: 1125 (Excluding basement)
  • Occupancy: Tenant Occupied (Can be Vacant at closing)
  • Current Rent: $1300


  • ROOF: Replaced 6 years ago
  • HVAC: Replaced 4 years ago
  • KITCHEN: Standard w/formica tops
  • BATHROOM: Standard condition
  • WATER HEATER: replaced 6 years ago


Basement;

  • 1Bed/1Bath
  • Occupancy: Tenant Occupied (Can be Vacant at closing)
  • Current Rent: $950


  • HVAC: Standard Working condition
  • KITCHEN: Replaced cabinets 4 years ago
  • BATHROOM: Standard condition and Tile in the Kitchen and bathroom
  • FLOORING: Carpet and Ceramic Tile
  • DRYWALL: Replaced years ago
  • WATER HEATER: Replaced 5 years ago


Pictures: https://www.dropbox.com/sh/ykgvx2x33ibfyrs/AABMYkly0_ObvGzRbcW5_NXOa?dl=0


MONTHLY CASH FLOW- $2,250

YEARLY CASH FLOW- $27,000

CAP RATE- 10%

ARV: $376,000 ~ 155 Long Dr SW, Marietta, GA 30060


Asking price: $259,820.00

Inspection:(By Appointment Only, Call to RSVP)Wh


AGENTS: WE ARE HAPPY TO PAY YOUR FEE!! BRING US A

BUYER!!!

We are in possession of an assignable Purchase & Sale Agreement that will allow us to purchase this property. We are selling the Purchase & Sale Agreement that will allow you to purchase the property. No conventional financing allowed. Cash, private lending or hard money only. Price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Agents, please add your commission to the price when marketing to clients. Wholesalers, please contact us if you have interested buyers. Please do not post this deal on any social media or online advertisement sites. Only share directly with your buyers! Opinion of value is given as a courtesy only, as seller makes no guarantees or warranties, express or implied, as to the value or condition of the property. If you are interested in buying this Purchase Agreement. Ownership - Every property we present to you, Master Key Investments, LLC, is either the Owner or has an Equitable Interest in the property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Grand Valerio

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