The Aspen
Single Family
4
2
1892
Sqft
2002
- Details
- Financials
- Performance
$267,750
Purchase Price
$1,795
Rent / Mo
0%
Property Leverage
About
The Aspen is a 4-bedroom, 2-bathroom home with an attached 2-car garage in Covington. This ranch-style home features a fresh paint job, new carpet and flooring, a large kitchen, and spacious bedrooms. Outside, you will find a lovely front porch with room for seating and a large fenced-in backyard, creating the perfect spaces for entertaining or simply relaxing. This property was purchased as an off-market deal with an institutional partner who had purchased the home previously and did a rehab to a professional standard.
This property was previously showing a different average annual property value appreciation estimate for the last 10 and 20 years. The initial zip code appreciation data displayed was found to be too aggressive. Another in-network data firm provided additional data that better reflected the current environment . The estimated dividend figure did not change.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days.
For more details on each status, check out the different rental statuses here.This property is eligible to start receiving dividends after its first lease is signed.
Rented
Rental Status
The Market
Atlanta, GA
Common Questions
How Arrived works
What returns can I expect
What to expect if my property is still seeking a tenant
Diversification
Investing horizon & liquidity
Don't Know Which Property to Choose?
Other Questions?
$314,930
Invested
100%
Funded
451
Investors