Waterford Drive

401-416 Waterford Drive, Calhoun, GA
12 Units

On May 13, 2005 Georgia Bank and Trust lent the borrower $604,427. On June 1, 2015 Strategic purchased the non-performing note for $195,000. On September 1, 2015, Strategic acquired title by foreclosing on the property. The property is currently valued at approximately $780,000.

DETAILS

Estimated Sales Price: $780,000
Acquisition Price: -$195,000
Costs: -$34,400
Estimated Profit: $550,600