1253 Chapel Drive, Marietta, GA 30064

  • 3 bedrooms / 1.5 baths
  • Built in 1960
  • 1,125 square feet with unfinished full basement
  • Detached Single Family Residential
  • Exit Strategy – Buy, Fix, and Flip

Fletcher & Company Investments, LLC sold this property to a client of ours for a cash price of $99,000. The property needed a full modern update and miscellaneous repairs. The buyer client also remodeled property to 2 full baths. The buyer reported a rehab expense of $28,125 to fully update/rehab the property. Once the updates/repairs were finished the buyer immediately sold the property in 11 days on the market for $167,800. The buyer has an all-in cost of approximately $127,125, which created $40,675 in equity. Our client received approximately $28,929 in net proceeds after the cost of sale which is an overall yield of 23% on his money in less than four months (rehab time and market exposure) for this property that we sold them. Below are the before and after photos.

Before
After

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