Richmond Hill, GA, Leaseback with 22,400 in Pre-Paid Rent At Closing

Richmond Hill, GA, 31324 view full address
For Sale
Listed at: October 14th, 2024
Price
$459,000
ARV
$510,000
Gross Margin
$51,000
Sq. Footage
3052
Type
Single-Family
Parking
Attached Garage
Year build
2016
Lot size
34.00 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

Discover a unique investment opportunity in Richmond Hill, where coastal charm meets economic growth. 

Situated near the Atlantic Ocean and popular beach spots like Tybee Island, this property offers both beauty and convenience. Investors can benefit from Richmond Hill's low cost of living and strong economy, ensuring a sustainable and attractive investment. 

With the property in pristine condition, no repairs are needed. Plus, with 6 months of pre-paid rent and the seller committed to leasing for the next 3 years, you’ll enjoy consistent cash flow from day one in this stable leaseback arrangement.

Asking Price: $459,000
Estimated market value: $560,000
5 BD / 3.5 BA 
SF: 3,052
Year built: 2016
Monthly Rent: $3,200
Total Seller Prepaid Rents: $22,400

Seller wants to stay as a tenant for 2 years.

AC age (1 years)
Roof age (8 years) 

Pre-approved Financing Available - Ask How!!

For additional details about this property contact: Alex Arias (954) 6337826

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:
𝗗𝗢 𝗡𝗢𝗧 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗢𝗪𝗡𝗘𝗥/𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗧𝗛𝗢𝗨𝗧 𝗢𝗨𝗥 𝗘𝗫𝗣𝗟𝗜𝗖𝗜𝗧 𝗖𝗢𝗡𝗦𝗘𝗡𝗧. 𝗔𝗡𝗬 𝗔𝗧𝗧𝗘𝗠𝗣𝗧𝗦 𝗧𝗢 𝗥𝗘𝗡𝗘𝗚𝗢𝗧𝗜𝗔𝗧𝗘 𝗢𝗥 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗟𝗟 𝗥𝗘𝗦𝗨𝗟𝗧 𝗜𝗡 𝗟𝗘𝗚𝗔𝗟 𝗔𝗖𝗧𝗜𝗢𝗡

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Alejandro Arias

No reviews

Disposition manager