** INVESTOR ALERT ** We are open to offers for a double purchase of US336 & US337!
3 Bed, 2 Bath Investment Property
Living space = 1161 sq.ft
Low price per sq.ft = $43
Built in 1980 / fully renovated January 2011
High quality refurbishment
Tenanted with a new 12 month lease in place
High rental return = 775 USD/month
HIGH NET RETURN = 15.33%!
This is a low cost detached family property in the popular rental area of Jonesboro, south of downtown Atlanta (approx. 18 miles, 25 minutes via car). The property is located very close to all amenities including shopping centres and good schools etc and would really appeal to tenants and buyers in the future who work in downtown Atlanta. Public records show that this property sold for $112,900 in April 2005 and over $95K in 2006. With a high NET yield of nearly 15.5%, it’s an ideal property investment plus it is offered fully renovated and tenanted, with a new 12 month lease and full property management.
Fortune Magazine recently ranked 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. (Articles available upon request).
02/14/2012