2323 Tiger Flowers Dr NW, Atlanta, GA 30314
Another Penelope Heights Flip, brought to you by Patriot Home Buyers, LLC! This 4 BR/2 BA is ready for some TLC to bring to top of the market. The property was previously occupied by a tenant at $1800/month in non-renovated condition. Repaint, add new flooring, and add a new roof to positively cashflow at $2,300/month. THIS PROPERTY WOULD QUALIFY FOR SECTION 8 REQUISITES.
NOTE: If you are seeking ANOTHER (almost identical) property 1 street over, check out our property under contract at 154 Sewanee Ave NW, Atlanta, GA 30314! What better way to maximize your ROI than to have 2 properties at arm’s length away! Click to see Sewanee Avenue here!
Flip Comps- ARV $325K
- 134 Sewanee Avenue NW Atlanta, Georgia 30314– 3BR/2BA and 200 square feet smaller. Sold for $325K on 10/14/2022
- 172 Dahlia Avenue NW, Atlanta, Georgia, 30314- 3BR/2 BA and 600 square feet smaller. Sold for $195K on 12/30/22. PPSF places our property at $322,592
- 2250 Tiger Flowers Drive NW, Atlanta, Georgia, 30314- 4 BR/2 BA and 300 square feet smaller. Sold for $259,500 on 11/16/22.PPSF places our property at $323K.
Rental Comps- $2300/month
Note: This property does meet the criteria for Section 8 Housing!
- 2195 Penelope Street Atlanta, Georgia 30314- rented for $2,200/month
- 2021 Blayton Circle NW Atlanta, Georgia 30314-rented for $2,350/month
- 215 Collum St NW, Atlanta, GA, 30314- Rented for $2,950/month
Short Term Rental Comps- $4,500/month
- 1 AirBnb property off of Penelope Road * (Data sourced from Air DNA)
- Average Daily Rate $205/night
- 71% occupancy rate
- $51.5K reported revenue generated
Offers Start at $220K.
Call 678-846-6270 to schedule your property showing today!