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Unlock Your Next Investment Gem: Wholesale Property Up for Grabs! Offers accepted until 6/21/24

Athens, Georgia
Athens-Clarke County Community

Listings Stats

Published: Jun 20, 2024
Last Edited: Jun 26, 2024
Listing Type: Wholesale
Listing Status: Available
Number of Views: 176
Days On Flippery: 140
Number of Favorites: 0

The Numbers

Asking Price ($): $85,000
After Repair Value: $224,125
Est. Cost of Repairs: $60,000
Est. Gross Profit: $79,125
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Real Estate Investment

Description of Property

Description of Repairs

Roof Replacement

Bathroom Upgrade

Siding Replacement

Kitchen Upgrade

Back Deck Replacement

All appliance Replacement

Window Replacement

Interior & Exterior Painting

Flooring Replacement (carpet, laminate, or tile)

Exterior Door Replacements

Existing Central Heating; Central Air can be added

  • Access:
    Message Me
  • Home Area(sqft):
    1,300
  • Property Type:
    Single Family Residence

The Numbers

  • Asking Price ($):
    $85,000
  • As-Is Price/Sq Ft:
    $65.38
  • Est. Cost of Repairs:
    $60,000
  • After Repair Value:
    $224,125
  • ARV Price/Sq Ft:
    $172.40
  • Est. Gross Profit/Equity:
    $79,125
  • Price Negotiable?:
    No
  • Purchase Option:
    Cash, Hard Money,

Comparables

  • Comp 1

    Full Address:
    140 Heelstone Ave, Athens, GA 30606
    Distance from Listing Property (mi):
    .7
    Sale Price:
    $225,000
    Sale Date:
    April 2, 2024

  • Comp 2

    Full Address:
    120 Heelstone Pl, Athens, GA 30606
    Distance from Listing Property (mi):
    1.3
    Sale Price:
    $193,500
    Sale Date:
    November 9, 2023

  • Comp 3

    Full Address:
    280 Stonehenge, Athens, GA 30606
    Distance from Listing Property (mi):
    .6
    Sale Price:
    $190,000
    Sale Date:
    December 22, 2023

Property Inspection

Closing Details

  • Closing Attorney / Title Company:
    The Gurvey Law Group, PC
  • Target Closing Date:
    July 15, 2024
  • Details:
    Attorney has confirmed a clean title

Location

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