ποΈ INCREDIBLE HOLD OPPORTUNITY OR QUICK RESALE IN SCOTTDALE GA! ππ€
This 5-bed, 4-bath property in Scottdale GA sits on a nice .14-acre lot, offering a plenty of space for privacy and entertainment. This home is newly built and resides less than 15 minutes from downtown Atlanta. The property could use very few features to get you to a 750-775k retail value. Note: There are no foundation issues, HVAC and roof are both in brand new condition. With ongoing development in the area, this is an opportunity you don’t want to miss!
NO HOA!
After Repair Value (ARV): $750,000 π°
Recent Comps (Sold in the past 6 months within 1 mile):
π 3191 Cedar Street Scottdale GA – Sold for $727k(New Build less than half a mile away)
π 270 Third Ave Scottdale GA – Sold for $750k (New Build on the Same Street)
π 334 Third Ave Scottdale GA– Sold for $675k (New Build on Same Street)
Wholetail Potential: π οΈ With a rehab investment of $15K (using quality materials), you can bring this property up to the level of the comp that sold at 750k. Recommended improvements include:
- New fixtures
- More Modern Flooring
- Accent Walls/ Statement Pieces
This property is also a great opportunity to buy way below appraised value and use it as a promising rental property. With it being less than a half mile from Ponce De Leon Ave, this a very sought after area!
The average rents in this area for a 5 bedroom is approximately 3500-400k/month. This property is turnkey and ready to go!
Closing Date: 01/04/2024 or sooner
This property is currently vacant. To schedule a tour, please contact us directly.
This deal won’t last long! Submit inquiries to discuss further.
YOU CAN ALSO CONTACT ME AT 678-787-9323
Buyer is responsible for all closing costs.
Sight-unseen offers are welcome, but property tours must be arranged through us.
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with a memorandum has been signed with the seller, giving this company exclusive rights to purchase the property. We do NOT represent the owner, nor are we brokers. Any attempt to contact the owner without our consent will result in legal action.
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