Atlanta Turnkey

Updated: February 10, 2013

** ALL PROPERTIES ON THIS PAGE HAVE BEEN SOLD **

ATLANTA IS A FAST MOVING MARKET
PLEASE CONTACT US FOR CURRENT INVENTORY

Click to learn more about Atlanta

Atlanta, the nation’s fastest growing MSA (Metropolitan Statistical Area) from 2000-2007, is forecast to continue to outpace the nation in population growth. Many major companies are headquartered in Atlanta, including Coca-Cola, UPS, Delta, Chick-fil-A, TBS, Home Depot, Newell Rubbermaid and Southern Company. In addition, known as a transportation city, Atlanta is home to the world’s busiest airport: Hartsfield International Airport.

Attached is a Metro Atlanta demographic overview published by the Metro Atlanta Chamber of Commerce and Georgia Power. From the Executive Summary:

Economic & Business Location Drivers in Metro Atlanta are:

  • Global air service
  • Deep talent base
  • Sustained population growth
  • Epicenter of the Southeast economy
  • Central location
  • Mild weather

Strengths are:

  • Diverse economy
  • Strong in-migration and population growth
  • Transportation, distribution and cultural center
  • Higher education center
  • Healthcare center

Economic Upsides are:

  • Rapid in-migration
  • Recent corporate headquarter relocations

Atlanta Due Diligence Package (PDF).

atlanta skyline

Houses that are freshly on the market will show as “vacant” but come with a guarantee that it will be rented by the time your purchase goes through! In addition any repairs for the first three months are similarly guaranteed. All are available first-come, first-served and require a deposit to take them off the market. Please use the contact form below if you have any questions or would like to see more information and pictures.

Moran Way, Norcross GA $160,000

2 Bed/2.5 Bath

4-Plex

1168 Sqft Each

Year: 1982

Occupancy: Yes


Purchase Price: $162,000 ($2000 approx. closing cost)

Rental Income: $2800 (Monthly)

Monthly Expenses:

  • Property Mgt: $300.00
  • Property Insurance: $135.00
  • Property Taxes: $287.65
  • AFH Admin Fee: $280.00

Yield: 13.31% Items such as repairs & vacancy are not included and can affect ROI.


Rio Grande, Atlanta, GA $64,340

3 Bed/2.5 Bath

1150 Sqft

Year: 1988

Occupancy: Yes


Purchase Price: $65,540 ($1200 approx. closing cost)

Rental Income: $875 (Monthly) – 12 month guarantee

Monthly Expenses:

  • Property Mgt: $70.00
  • Property Insurance: $50.00
  • Property Taxes: $50.83
  • AFH Admin Fee: $87.50

Yield: 11.29% Items such as income taxes, repairs & vacancy are not included and will affect ROI.



Independence Drive, Jonesboro $69,980

4 Bed/2.5 Bath

1356 Sqft

Year: 1984

Occupancy: Yes


Purchase Price: $71,180 ($1200 approx. closing cost)

Rental Income: $925 (Monthly) – 12 month guarantee

Monthly Expenses:

  • Property Mgt: $74.00
  • Property Insurance: $50.00
  • Property Taxes + HOA: $56.00
  • AFH Admin Fee: $92.50

Yield: 11.00% Items such as income taxes, repairs & vacancy are not included and will affect ROI.



Oakvale Heights, Decatur $66,220

3 Bed/2 Bath

1271 Sqft

Year: 1990

Occupancy: Yes


Purchase Price: $67,420 ($1200 approx. closing cost)

Rental Income: $895 (Monthly) – 12 month guarantee

Monthly Expenses:

  • Property Mgt: $72.00
  • Property Insurance: $50.00
  • Property Taxes: $53.00
  • AFH Admin Fee: $89.50

Yield: 11.22% Items such as income taxes, repairs & vacancy are not included and will affect ROI.



Cavito Drive $64,340

3 Bed/2 Bath

1456 Sqft

Year: 1965

Occupancy: Yes


Purchase Price: $65,540 ($1200 approx. closing cost)

Rental Income: $875 (Monthly)

Monthly Expenses:

  • Property Mgt: $70.00
  • Property Insurance: $50.00
  • Property Taxes: $51.00
  • AFH Admin Fee: $87.50

Yield: 11.29% Items such as income taxes, repairs & vacancy are not included and will affect ROI.



New Dale Road, Rex $71,860

3 Bed/2 Bath

1078 Sqft

Year: 1997

Occupancy: Yes


Purchase Price: $73,060 ($1200 approx. closing cost)

Rental Income: $950 (Monthly) – 12 month guarantee

Monthly Expenses:

  • Property Mgt: $78.00
  • Property Insurance: $58.00
  • Property Taxes + HOA: $56.00
  • AFH Admin Fee: $95.00

Yield: 10.88% Items such as income taxes, repairs & vacancy are not included and will affect ROI.



Norman Court $69,980

3 Bed/2 Bath

1344 Sqft

Year: 2000

Occupancy: Yes


Purchase Price: $71,180 ($1200 approx. closing cost)

Rental Income: $925 (Monthly) – 12 month guarantee

Monthly Expenses:

  • Property Mgt: $74.00
  • Property Insurance: $50.00
  • Property Taxes: $56.00
  • AFH Admin Fee: $92.50

Yield: 11.00% Items such as income taxes, repairs & vacancy are not included and will affect ROI.



Ginger Court, Riverdale $69.980

4 Bed/2.5 Bath

1548 Sqft

Year: 1984

Occupancy: Yes


Purchase Price: $71,180 ($1200 approx. closing cost)

Rental Income: $925 (Monthly) – 12 month guarantee

Monthly Expenses:

  • Property Mgt: $74.00
  • Property Insurance: $50.00
  • Property Taxes + HOA: $56.00
  • AFH Admin Fee: $92.50

Yield: 11.00% Items such as income taxes, repairs & vacancy are not included and will affect ROI.



Cedar Drive, Riverdale GA $55,000

3 Bed/2 Bath

1461 Sqft

Year: 1977

Occupancy: Yes


Purchase Price: $56,400 ($1,400 approx. closing cost)

Rental Income: $800 (Monthly)

Monthly Expenses:

  • Property Mgt: $75.00
  • Property Insurance: $60.00
  • Property Taxes: $100.00
  • AFH Admin Fee: $80.00

Yield: 10.31% Items such as repairs & vacancy are not included and can affect ROI.


Leyland Drive, Decatur GA $61,000

3 Bed/2 Bath

1904 Sqft

Year: 2005

Occupancy: Yes


Purchase Price: $62,500 ($1,500 approx. closing cost)

Rental Income: $900 (Monthly)

Monthly Expenses:

  • Property Mgt: $75.00
  • Property Insurance: $60.00
  • Property Taxes: $145.00
  • AFH Admin Fee: $90.00

Yield: 10.18% Items such as repairs & vacancy are not included and can affect ROI.

Camrose Court, Douglasville GA $60,000

3 Bed/2.5 Bath

1263 Sqft

Year: 1998

Occupancy: Yes


Purchase Price: $61,500 ($1,500 approx. closing cost)

Rental Income: $800 (Monthly)

Monthly Expenses:

  • Property Mgt: $75.00
  • Property Insurance: $60.00
  • Property Taxes: $48.50
  • AFH Admin Fee: $80.00

Yield: 10.46% Items such as repairs & vacancy are not included and can affect ROI.


HOW TO BUY

From start to finish, this process takes about three weeks.

 1. Select a House. Pick a house that appeals to you and fits your budget. Or, if you need help selecting one, please call or contact us. We can provide additional information and pictures. We’re glad to help! Once you have chosen a property, let us know (form below). We will email you a contract and application with and you will need to make a $5000 deposit to reserve the house for you. You have an “option period” (7 day free-look).
2. We Prepare Documents. American Full House will reserve the house. We prepare and email a set of purchase/LLC documents for you to sign and courier back. Based on your application, we open up the LLC bank account with your name. Along with this we have the house professionally inspected to verify it’s condition. We will arrange to have any major repair items (if any) fixed. You will receive an copy of this via email.
3. Make Final Payment. Once the property has passed the independent inspection, you make the balance of the payment and the property is officially yours! The property title and lease is transferred to you/your new LLC and the rents starting coming to you. Every property is purchased with “title insurance” which guarantees that the property of free of any encumbrances, liens, defects, etc.

All properties are subject to availability and are sold on a first-come, first-served basis.  If you cancel the transaction, you will owe only actual expenses such as professional property inspection (approx $400) and the one-time LLC formation fee ($1525). However, the LLC can be used for any future purchases. American Full House is assigned a 2% interest in the LLC; this allows us to run the LLC for you and execute contracts on your behalf (with written permission from you). Cash transactions only; we do not have financing available for foreign buyers.

You may also reach us:

  • +1-512-828-7150 (Office)
  • +1-512-947-9909 (Mobile | SMS | iMessage | WhatsApp | Viber)

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The information presented here is accurate to the best of our knowledge, however occasionally typos, human errors, and others could be present as data is entered in to the spreadsheet. We will verify all items during the closing process. The final closing documents should be used by you to verify accuracy of all information presented.
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