1938 Stonebrook Way, Lawrenceville, GA 30043

Fletcher & Company Investments, LLC sold this property to a client of ours for a cash price of $150,000. The property needed a full modern update/rehab and miscellaneous repairs. The buyer client reported a rehab expense of approximately $72,000 to fully update/rehab the property. Once the updates/repairs were finished the buyer sold the property in less than 90 days on the market for $270,000. The buyer has an all-in cost of approximately $228,000, which created $42,000 in equity. Our client received approximately $33,900 in net proceeds after the cost of sale which is an overall yield of 15% on their money in less than six months (rehab time and market exposure time) for this property that we sold them. Below are the before and after photos.

Before

After

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