🔥 4-UNIT SUBTO DEAL — CASHFLOW READY
Address: 3070 Parkside Ct, Snellville 30078 | Gwinnett County
Vacant units = fast turn + rent bump play.
🏘️ PROPERTY SNAPSHOT
✅ 4 Units
✅ Each 2 Bed / 2 Bath
✅ ~1,350 SF per unit (large layouts)
✅ ~5,400 SF total
✅ Tenants just vacated
✅ Cosmetic touch-ups → premium rents
💰 RENT POTENTIAL
Market Rent: ~$2,200 per unit
Gross Rent @ Stabilized:
👉 $2,200 × 4 = $8,800/month
👉 $105,600/year
Large 2/2s in Gwinnett routinely hit this with light updates.
📌 ENTRY STRUCTURE (STACK / SUBTO)
✅ $75,000 Down
Control the asset with low capital in.
✅ Take Over Existing Loan of $580k -
PITI: $4,564.59/month
Loan stays in place (no new financing).
Pictures / Videos:
https://drive.google.com/drive/folders/1gz188L3tZ3A5bckq6oMz1od16UqcyCuU
📌 SELLER NOTE (SECOND POSITION)
Balance: $250,000
Payments
$1,000/ month starting Jan 1, 2027
First $20K treated as IO
Then 100% to principal
Balloon
7-year maturity
Extensions only if seller agrees
Flexibility
Lump sum paydowns anytime
Licensed loan servicer tracking
🛡️ PROTECTION
✔ Deed-in-Lieu executed
✔ Property remains in trust
