Description

$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.