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$290,000 / 7br - 1947ft2 - Collier Heights MULTI-UNIT! 17-24% CAP RATE! 100 OCCUPIED!!! (Collier Heights)
Burton Road NW, Atlanta, GA 30311
Burton Road NW
7BR / 4Ba
1947ft2
available now
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COLLIER HEIGHTS MULTI-UNIT!!!!
MULTIPLE leased spaces = UNINTERRUPTED CASH FLOW!!!
(***DO NOT REACH OUT ASKING FOR A ZOOM CALL!!****)
100% OCCUPIED!!!!
17 - 24% Cap Rate!!!!!!!!!!!
Come check out this INVESTORS DREAM DEAL!
******
This property features:
-a 4 bedroom / 1 bathroom house
(occupied)
AND
-3 FULLY-FURNISHED STUDIO APARTMENTS
(ALL OCCUPIED)
******
It's WALKING DISTANCE, (less than 2 blocks), from H.E. Holmes Marta TRAIN STATION and a hop, skip & a jump from:
-I-20
-Mercedes Benz Stadium
-DOWNTOWN Atlanta
-The Georgia AQUARIUM
-The West Side
-Ponce Market
-local eateries, shopping and MORE!!!
******
2 PURCHASE OPTIONS ARE ON THE TABLE!!
Option 1:
-$297K, with $7K closing costs credit if you use our PREFERRED LENDER
(3K closing costs credit w/out our preferred lender)
-LEASEBACK!
The current owner/property manager is seeking a corporate leasing agreement for the property upon closing! 4K a month, with all utilities, maintenance, etc. paid by the tenant! The lease start date would begin 14 days after closing with 3 MONTHS RENT PAID UPFRONT!! (Lease can be signed at closing!)
That means you close, and 14 days later you start collecting rent, with 3 months being paid upfront!!
No annoying communications with sub lessees!
No haggling with a new property management company!
No upfront, out-of-pocket costs!!
(No utilities or lawncare to pay!!)
NO LIABILITY!!
(The subleases belong to the lessee, and so does the liability!!!!!!!)
Just CLOSE, and EARN!! It's that simple!!
Option 2:
-$297K
Pay cash or use whatever lender you prefer!
(2K closing costs credit for using our Preferred Lender!!!)
-within 14 days the current owner/property manager will warm transfer all lessees to you, (or your firm of choice), and you sink your teeth into this CASH COW THAT AVERAGES over $6K A MONTH IN PASSIVE RENTAL INCOME!!!
No matter which option you choose, you win!!
Come check it out TODAY because a deal like this won't stay on the market long!!!
(DO NOT reach out asking for a Zoom call!! You can call to discuss the details/ ask any questions you may have and to schedule an appointment to view the property!!! show contact info )