Low price per sq.ft = $41 (Current build cost est. $100 / sq.ft!)
Tenanted with a new 12 month lease in place
Rental return = 875 USD/month
HIGH 13.44% NET RETURN!!
This is a great 3 bedroom, 2.5 bathroom town house in the popular Atlanta suburb of Riverdale, Georgia. There is good direct access to downtown Atlanta and it is located close to Hartsfield-Jackson International Airport, a great job provider to the region. Commercial development is still happening in Atlanta and the airport is adding a new terminal in Spring 2012. This shows how well this area and Georgia as a whole is battling through the recession. With a HIGH NET yield nearly 13.5%, it’s an ideal property investment plus it is offered with full property management and a 12 month lease in place. If you are looking for a ‘hands off’ property investment, in a good area and with a great return, then this offer should be a serious consideration. The house has been fully renovated to a high standard as can be seen in the images below. The location of the community will be attractive to tenants, and future buyers... there are good schools, shops, and restaurants are close-by.
ATLANTA is one of the fastest growing, stable metropolitan centres in America... Fortune Magazine ranks Atlanta as the #1 best investment market, Forbes Magazine ranked Atlanta as the #1 rental market, and US economy rankings show Atlanta as 3rd in job growth and 3rd for most Fortune500 Company Headquarters.
02/14/2012