🔥Amazing Flip or Rental Opportunity in Newnan!!🔥 We do not JV or work With Wholesalers

Coweta County, Newnan, GA, 30263
Sold
Listed at: February 6th, 2023
Price
$59,990
ARV
$190,000
Gross Margin
$130,010
Sq. Footage
1344
Type
Single-Family
Parking
Driveway
Year build
1955
Lot size
0.18 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Conveniently near wonderful schools, parks and restaurants. This property doesn’t have an HOA. In order to achieve maximum ARV, we recommend doing a full rehab. Replacing the floors, roof, updating bathrooms, kitchen, A/C and drywall. Finish the property off by replacing some of the siding, slap a fresh coat of paint and this property will be market ready. Act fast before this property is gone!


OCCUPANCY STATUS: Rented (MTM)

REHAB: 55k-60k

PROFIT EST.: 34% CoC return.  


Comp #1

6 Hamilton Bohannon Dr, Newnan, GA 30263

SOLD 11/04/22 $100,000 | SOLD DISTRESSED

https://www.zillow.com/homedetails/6-Hamilton-Bohannon-Dr-Newnan-GA-30263/14417800_zpid/

Comp#2

66 Lovelace St, Newnan, GA 30263

SOLD 09/11/22 $115,000 | SOLD DISTRESSED

https://www.zillow.com/homedetails/66-Lovelace-St-Newnan-GA-30263/61222030_zpid/

Comp#3 

45 Domineck St, Newnan, GA 30263

SOLD 08/16/22 $250,635 | UPDATED

https://www.zillow.com/homes/45-Domineck-St-Newnan,-GA-30263_rb/14397592_zpid/




Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Greg Foster

★★★★★
★★★★★
No reviews

Disposition manager