Single Family Investment Opportunity
Price
$3,720,000
Off-Market Portfolio Opportunity - Atlanta, GA
Portfolio Price: $3,720,000
Some properties were previously listed; however, we now have them under direct contract, ensuring smooth transaction capability.
Key Investment Highlights:
Total Portfolio Price: $3,720,000
Annual Gross Income: $267,376
Impressive Cap Rate: 10.54%
Immediate Equity: 40% upon acquisition
Purchase Price reflects an 18% discount from Full Market Value
12 strategically located properties, predominantly occupied by Section 8 tenants, ensuring reliable, government-supported rental income.
Portfolio Details:
1089 Indale Place SW, Atlanta, GA 30310Current Rent: Vacant (previously $2,000/month) | FMV: $375,240
Value Add: Main house with 2-car garage, potential conversion for additional living space.
1279 Kenilworth Dr SW, Atlanta, GA 30310 Rent: $2,000/month | FMV: $280,245
Value Add: Potential for conversion into two separate apartments for increased income.
2436 Clarissa Drive NW, Atlanta, GA 30318 Current Rent: Vacant (previously $1,800/month) | FMV: $261,720
1496 Meadowlark Dr, Decatur, GA 30032 Rent: $2,048/month | FMV: $406,120
1321 McClelland Avenue, Atlanta, GA 30344 Current Rent: Vacant (previously $1,700/month) | FMV: $239,075
3530 Fairlane Drive NW (Duplex), Atlanta, GA 30331 Current Rent: Vacant (previously $3,100/month combined) | FMV: $261,715
Duplex structure for dual-income potential; main floor recently vacated, finished basement offers additional rentable area.
1417 Graymont Drive SW, Atlanta, GA 30310 Rent: $1,750/month | FMV: $279,770
1324 Almont Drive SW, Atlanta, GA 30310 Rent: $2,000/month | FMV: $338,435
501 Aberdeen Drive NW, Atlanta, GA 30318 Rent: $2,200/month | FMV: $315,870
1116 Northwest Drive NW, Atlanta, GA 30318 Current Rent: Vacant (previously $2,200/month) | FMV: $274,900
1118 Harwell St NW, Atlanta, GA 30318
Currently rented, stable occupancy with consistent income.
2490 Ridgewood Terrace NW, Atlanta, GA 30318
Recently renovated, commanding attractive rental rates.
Investment Highlights:
Stable income streams via government-supported Section 8 tenants.
Significant immediate equity and strong NOI.
Multiple value-add opportunities to further enhance returns.
Additional Information:
Some properties were previously listed; however, we now have them under direct contract, ensuring smooth transaction capability.
Please submit all offers directly to investments@promiselandrealtyllc.com.
TEAM PROMISELAND DISCLAIMER: No one is permitted to market or distribute this listing or any associated details without express written permission or membership in TEAM PROMISELAND affiliates. Unauthorized use of property details or lists will incur a fine of $500.
Contact us today for detailed property reports, financial analysis, and to arrange a property tour. Photos of each property are available upon request.
Property Map
"Your #1 Source for Off Market Real Estate Properties, Nationwide"
PROMISE LAND REALTY, LLC
Work: 248- 416-2574
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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