$96K PRO FORMA | VACANT | 8-BEDROOM CONVERSION PLAY
Stop chasing 6% yields. Turn this massive, recently renovated tri-level into an $8,000/month cash machine.
The Strategy:
Currently a 5BR/3BA, the spacious floor plan is a "blank slate" perfectly suited for a high-yield conversion. By utilizing the finished basement and secondary living areas, you can easily scale to an 8-Bedroom Co-Living Powerhouse.
The Numbers:
Pro-Forma Income: 96,000/Year(96,000/Year(1,000/room x 8)
Cap Rate: 20%+ potential once stabilized
Status: VACANT. No tenants to displace, start your build-out on Day 1.
The Asset:
Built for high-density durability with hardwood floors, a modern kitchen, and fully renovated bathrooms. Situated on a huge 0.45-acre lot with a massive driveway for multi-tenant parking and NO HOA restrictions.
The Location:
A "Zero Vacancy" pocket of Lawrenceville. Minutes from Gwinnett Place Mall and I-85. This is a plug-and-play asset for the investor ready to dominate the workforce housing market.
Property Features
Cooling Information
Central Air
Heating Information
Forced Air
Water Features
Public
Utilities
None
Parking
Carport
School Information
School Information for 106 Valley Road, Lawrenceville, GA 30044