Just released, new low cost detached property in Atlanta.
** INVESTOR ALERT ** We are open to offers for a double purchase of US337 and US336!
4 Bed, 2 Bath Investment Property
Large Living space = 1404 sq.ft
Very low price per sq.ft = $31
Built in 1972 / 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 = 14.36%!
This is a low cost detached family property in the popular rental area of Ellenwood, south west of downtown Atlanta (approx. 14 miles). 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. In 2005-2007 this property was valued at over 110K USD and it is now on offer via foreclosure for much less than half of this amount! With a high NET yield of nearly 14.5%, 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