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      Georgia MLS

      The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.

      $110,500
      For Sale

      9 Quail Run Run

      Decatur, GA 30035
      3 beds | 2.5 baths | 0.03 acres | #10559637
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      Type:Purchase
      Structure:Condo
      Zone:Residential

      Description

      INVESTOR ALERT! 9.82% CAP RATE - Turnkey, Tenanted Decatur Condo - PRICED FOR PERFORMANCE! Attention Savvy Investors and Portfolio Builders! Seize this rare opportunity to acquire a high-performing, turnkey rental asset in a sought-after Decatur location. This renovated condo is an investor's dream, delivering immediate cash flow from day one with a strong tenant already in place. Generating an impressive $2,150 in gross monthly rent, the numbers on this property speak for themselves, projecting a robust ~9.82% CAP RATE after factoring in HOA fees, taxes, insurance, and a conservative 20% reserve for vacancy and maintenance. This is not a typical listing. This property has undergone a rigorous, data-driven VALIDTM Financial Assessment, ensuring the financial projections are transparent and vetted for performance. The work has been done for you - acquire the asset and start collecting rent. This is the definition of a strategic portfolio addition. Priced aggressively for a swift transaction, this is your chance to secure a powerful income-producing property without the headaches of renovation and tenant placement. CRITICAL INFORMATION FOR ALL BUYERS AND AGENTS: 1. PROPERTY IS SOLD STRICTLY "AS-IS": The property is offered in its current condition. The seller will make NO repairs, warranties, or concessions. Buyer is responsible for all due diligence. 2. PROPERTY IS SOLD "AS OCCUPIED": This property is tenant-occupied and will be sold with the tenant in place. The buyer will assume the current lease and tenant. There will be NO vacant delivery. 3. DO NOT DISTURB TENANTS: Under NO circumstances should anyone approach the property or disturb the tenants. All showings and inquiries MUST be scheduled and coordinated exclusively through the listing agent. Unauthorized contact will result in immediate disqualification of the offer. Showing Instructions: All showings require proof of funds or a lender pre-approval letter for an investor loan. 24--hour notice is required.

      • Property Details
          • Utility FeaturesCable Available, Electricity Available, Phone Available, Sewer Available
          • StyleContemporary, Other
          • InteriorHigh Ceilings
          • Sewer InformationPublic Sewer
          • Elementary SchoolOut of Area
          • High SchoolOut of Area
          • Property TypePurchase
          • SubdivisionHILLSIDE
          • MLS #10559637
          • MLS #10559637
          • Utility SourcePublic
          • CountyDeKalb
          • Taxes Annual$2,906
          • Cost110500
          • Lot DescriptionOther
          • Middle SchoolOther
          • Property SubtypeOther
          • Structure TypeOther
          • Acres0.03
          • Year Built1973
          • FoundationSlab
          • Bathrooms2.5
          • Bedrooms3
          • Full Baths2
          • Half Baths1

      Location

      Legal

      The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.


      Last Updated: Today at 8:45 AM. Source: GAMLS

      Provided By
      Listing Agent: JC Fagundes (#FAGUNDESJOAO), Phone: 4042558655, Email: YoloREaltyGA@gmail.com
      Listing Office: YOLO Realty GA (#YOLO01)

      Elaina Josefina GarciaReal Estate Group
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