Atlanta anyone know much about this area? - Posted by Rodney
Posted by Rodney on April 19, 2006 at 09:53:27:
I have an offer from a wholesaler. Here’s the info from the wholesaler:
Walnut Street, Hapeville, GA 30354 ($92,000)
2/1 frame house in the Hapeville area of Atlanta. It is inside the I-285 Perimeter. Very near the highway and Marta. This home already has a tenant in place paying $750/month. The tenant has been there about 5 months and isn’t planning to leave anytime soon, that I know of.
Sales price is $92,000
REPAIR TOTAL: $ZERO
Features: THIS HOUSE IS ALREADY RENTED OUT AT $750/MONTH. This house is in great condition so you don’t need hard money. You can just go with regular traditional financing which saves you a ton of money.
(DO NOT DISTURB THE TENANT)
Comparable Sales - All within 1.0 miles, sales within 1 year of today, built around the same time.
ADDRESS SALES DATE
Dist from Subject
423 Walnut 12/14/2005 $118,700 2/1/794 0.056 miles
437 Walnut 7/19/2005 $140,000 3/1/864 0.076 miles
2976 5th St 5/3/2005 $140,000 2/1/995 0.492 miles
724 Campbell Cir 10/25/2005 $145,000 2/1/977 0.641 miles
2890 3rd Ave 9/8/2005 $120,000 2/1/792 0.687 miles
2828 1st Ave 10/17/2005 $124,000 2/1/728 0.764 miles
Does anyone know any reliable real estate agent or appraiser in that area?