6130 Geiger St NW, Covington, GA 30014.

Great opportunity in Geiger St NW, Covington, GA!
This Convington home consists of 3 bd/ 2 ba/ 1,248 sqft of living space on a 0.29 Acres lot. Don’t miss out on this great opportunity!
Investment and Property Details
At Strandpark Properties, we believe in creating win-win opportunities. By allowing our clients to sponsor rehab projects, we not only share the financial success but also foster a collaborative partnership. While we have the resources to fund these projects ourselves, we value the insights and involvement of our clients. This unique approach allows you to earn 40% return on your investment when the property is flipped, making it a lucrative opportunity for everyone involved. Explore our current deals and join us in transforming properties into profitable ventures.
Purchase price:
$133,000
After Repair Value:
$260,000
Investment Duration:
35 Days
Return on Investment:
40%
Rehab Cost
$46,820
Agreed Purchase Price:
The end buyer has agreed to purchase the property for $252,000 and has made a 25% non refundable deposit towards the ARV.
Security
Rock-solid, legally binding joint venture agreement guaranteeing your investment return and protection regardless of project outcome.
Lead Contractor
Oscar Gilbert
Property Details:
- Size: 3 bedrooms, 2 bathrooms, 1,248 sq ft
- Lot: 0.29 acres
- Year Built: 1998
Rehab Cost Breakdown
I. Initial Phase: Demolition & Preparation ($3,700)
- Debris Removal & Property Cleanout ($1,200)
- Action: Thorough removal of all personal items, old furniture, trash, and initial construction debris from both interior and exterior areas. Includes hauling and disposal fees.
- Popcorn Ceiling Removal & Skim Coat ($2,500)
- Action: Professional removal of outdated popcorn texture from all ceilings throughout the entire house. Includes scraping, skim coating, and sanding to achieve a smooth, paint-ready surface.
- Flooring Replacement ($5,500)
- Action: Removal of all existing old green carpet and dated vinyl tile. Installation of new Luxury Vinyl Plank (LVP) flooring throughout all common areas, kitchen, bathroom, and bedrooms. This provides a durable, modern, and consistent look.
- Interior Painting (Walls & Trim) ($3,000)
- Action: Full preparation of all interior walls (patching holes, cleaning scuffs, minor drywall repairs), priming, and applying two fresh coats of a neutral, contemporary paint color. All trim, baseboards, and interior doors will also be painted.
- Kitchen Remodel ($5,500)
- Action:
- Cabinets: Installation of new stock/semi-custom shaker-style cabinets (e.g., white or grey) for a modern aesthetic.
- Countertops: Installation of new granite or quartz countertops, providing a durable and attractive surface.
- Sink & Faucet: Installation of a new stainless steel undermount sink with a modern pull-down faucet.
- Backsplash: Installation of a new subway tile.
- Bathroom Remodel ($5,000)
- Action:
- Vanity & Top: Installation of a new vanity cabinet with a cultured marble or solid-surface top and integrated sink.
- Faucet: Installation of a new modern faucet.
- Mirror: Replacement of the existing unframed mirror with a new framed mirror.
- Toilet: Installation of a new comfort-height toilet.
- Tub/Shower: Installation of a new fiberglass tub/shower insert or tiling of the shower surround.
- Flooring: Installation of new LVP or ceramic tile flooring.
- Lighting Fixtures & Ceiling Fans ($1,000)
- Action: Replacement of all outdated ceiling fans (living room, bedrooms) and light fixtures (kitchen, bathroom, hallways, entryway) with new, energy-efficient LED-compatible models.
- Door Hardware & Window Blinds ($800)
- Action: Replacement of all interior doorknobs and hinges with new, modern finishes (e.g., brushed nickel). Installation of new 2-inch faux wood blinds on all windows throughout the house.
- Electrical Outlets & Switches ($300)
- Action: Replacement of all visible outdated electrical outlets and light switches with new, clean, and modern Decora-style devices.
III. Exterior & Curb Appeal ($6,100) - Exterior Painting ($3,500)
- Action: Power washing of existing siding, scraping any loose paint, priming, and applying two fresh coats of a new exterior paint color to the siding and trim for a significant curb appeal boost.
- Landscaping & Yard Cleanup ($1,500)
- Action: Thorough removal of all external debris, old furniture, and clutter. Basic tree and bush trimming, weeding, and laying fresh mulch in planting beds.
- Gutter & Downspout Maintenance ($400)
- Action: Cleaning out existing gutters and downspouts, checking for proper drainage, and performing minor repairs to ensure functionality.
- Driveway & Patio Cleaning/Repair ($500)
- Action: Power washing of the concrete driveway and back patio. Filling of minor cracks in the concrete surfaces to improve appearance and longevity.
- Exterior Lighting ($200)
- Action: Replacement of any non-functional or very outdated exterior light fixtures near entrances or key areas.
IV. Systems & Miscellaneous ($2,900) - HVAC Inspection & Service ($700)
- Action: Professional inspection of the entire HVAC system (furnace and AC unit). Includes routine maintenance, filter replacement, and minor repairs if needed to ensure efficient operation.
- Plumbing Inspection & Minor Repairs ($300)
- Action: General plumbing assessment, checking for leaks, ensuring all fixtures are functional, and performing minor repairs to faucets, supply lines, or drain traps as required.
- Professional Cleaning (Post-Rehab) ($500)
- Action: Comprehensive deep cleaning of the entire interior of the house after all renovation work is complete, ensuring it’s move-in ready.
- Pest Control ($300)
- Action: Professional pest inspection and treatment to address any existing pest issues and provide preventative measures.
- Permits & Inspections ($800)
- Action: Budget for obtaining all necessary local building permits for renovation work (e.g., kitchen, bathroom, electrical, HVAC), and covering the costs of required inspections.
V. Contingency ($2,020)
Total Rehab Cost: $46,820