2 houses by Sinclair lake. Next door to popular venue
Milledgville, Georgia
Sinclair lake
Listings Stats
Published:
Apr 16, 2024
Last Edited:
Apr 16, 2024
Listing Type:
Wholesale
Listing Status:
Available
Number of Views:
424
Days On Flippery:
205
Number of Favorites:
0
The Numbers
Asking Price ($):
$320,000
After Repair Value:
$347,000
Est. Cost of Repairs:
$0.00
Est. Gross Profit:
$27,000
Description of Property
These two houses sitting on 2.5 acres are next door to a popular venue that was booked 48 out of 52 weekends last year and currently booking for 2026. The venue does not have any housing accommodations so they’re telling people to book at a hotel instead. The owner of the venue said she will work hands on with the owners and she thinks it will be booked majority of the time just through her venue. That’s not including regular air BNB. Both houses have been recently renovated and each house has their own fire pit. They have a long private driveway. House #1 has 2 bed 2 bath. House #2 2 bed 1 bath.
Description of Repairs
No repairs will be needed. Turn key investment with more property to add more housing
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Access:Message Me
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Home Area(sqft):1,800
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Bedrooms:4
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Property Type:Single Family Residence
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Occupancy:Owner Occupied
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Lot Size(acres):2.5 acres
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Bathrooms:3
The Numbers
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Asking Price ($):$320,000
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As-Is Price/Sq Ft:$177.78
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After Repair Value:$347,000
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ARV Price/Sq Ft:$192.78
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Est. Gross Profit/Equity:$27,000
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Price Negotiable?:Yes
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Purchase Option:Cash,
Comparables
No info given
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