1524 N Hill St, Griffin, GA 30223
Great opportunity in Griffin, GA.
This Griffin home consists of 3 beds, 1 bath, 1,026 sqft of living space on a 8,712 sqft lot. Don’t miss out on this great opportunity!
Investment and Property Details
At Strandpark Properties, we believe in creating win-win opportunities. We invite our clients to sponsor rehab projects, which not only shares the financial success but also fosters a truly collaborative partnership. While we could fund these projects ourselves, we actively value the insights and involvement of our clients. This unique approach allows you to earn 50% return on your investment, in addition to your initial investment, making it a lucrative opportunity for everyone involved.
Explore our current deals and join us in transforming properties into profitable ventures.
Purchase price:
$45,000
After Repair Value:
$160,000
Investment Duration:
58 Days
Return on Investment:
A 50% ROI
Rehab Cost
$52,000
Estimated Purchase Price:
$160,000
Security
IMPORTANT NOTICE: Investment Security and Closing Guarantee
A Purchase Agreement has been signed with a committed End Buyer, providing an anticipated exit for the project.
In the event the End Buyer fails to close immediately following the property rehab completion, Strandpark Properties Limited is contractually obligated to pay the investor their full Return on Investment and Initial Investment on the exact date agreed upon by the investor and Strandpark Properties, as stipulated in the Joint Venture Contract Agreement. This serves as a principal guarantee and ensures the investor is paid on schedule regardless of the final sale timeline.
No Additional Capital Calls: The Operating Partner is solely responsible for any cost overruns, protecting the investor from being asked for further funds beyond the initial $52,000 commitment.
Information Rights: Weekly financial reporting requirements ensure complete transparency, allowing the investor to monitor the project’s financial health in real-time.
Lead Contractor
Jimmy Carter
Rehab Cost Breakdown
Exterior & Mechanicals ($21,700):
HVAC ($7,000): Complete new central HVAC system and duct installation to replace the old window units.
Roof, Siding & Trim ($6,500): Wood siding repairs, exterior paint, and gutter replacement.
Windows & Doors ($4,800): Replacing all outdated single-pane windows with energy-efficient vinyl replacements and installing new exterior doors.
Landscaping & Cleanup ($3,400): Tree trimming, overgrown brush clearing, and exterior trash-out.
Interior Overhaul ($24,300):
Kitchen ($6,000): New cabinets, granite countertops, modern sink setup, and moving the water heater safely.
Drywall, Paint & Trim ($4,200): Repairing textured ceilings, patching walls, and full interior paint and baseboards.
Flooring ($4,300): Subfloor repairs and installing durable Luxury Vinyl Plank (LVP) throughout the entire footprint.
Bathroom ($3,800): Full down-to-the-studs remodel including a new tub, tile surround, vanity, and toilet.
Plumbing & Electrical ($4,000): Updating rough-in lines for the new fixtures and upgrading switches, outlets, and light fixtures.
Project Management & Buffer ($5,000):
Contingency ($3,000): Unforeseen framing or subfloor issues hidden behind the old paneling.
Total Rehab Cost: $52,000
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