Builder leaseback: 3 years at 5% net a year
Deluxeton is offering buyers a three-year leaseback with a 5% net annual return. During the leaseback the builder pays the HOA dues, property tax and insurance, and you do not need to find a tenant.
Terms are set by the builder's written leaseback agreement and may change or end. Ask me for the current agreement before you sign.
The market is slow right now, which is why the builder is offering a three-year leaseback at 5% net a year. For investors that is a real advantage: income from the start, with the HOA, tax and insurance paid by the builder.
I have sold two new-construction homes from this builder at Hollywood & Main II in Atlanta, so I know how Deluxeton builds and how their closings run.
A new four-bedroom home in Gwinnett County starting in the mid-$400Ks, on a large lot, with basement lots for buyers who want more space.
Close to US-78 and GA-124: about 10 minutes to downtown Loganville and Snellville, and about 6 minutes to The Grove at Towne Center.
Homes available
Elevation B adds $5,000 and elevation C adds $10,000. Prices, availability and completion dates come from the builder's materials and can change; ask me for the latest.
Floor plans
About the community
Pepperpike Court is a new community of 19 single-family homes by Deluxeton Homes in Loganville, in Gwinnett County near the Walton County line. Engel & Völkers Atlanta leads sales.
Three floor plans range from 1,829 to 2,362 heated square feet (about 2,400 to 2,900 square feet in total) with 3 to 5 bedrooms and 2.5 to 4 baths. Every home has a two-car garage, and selected lots offer a basement for future space.
Lots run from 0.35 to 0.62 acre, about 0.42 acre on average, so every home has usable side and back yard. There are nine exterior elevations across the three plans, and homes are delivered finished with all appliances included. The community has no rental restrictions.
Finishes include Mohawk luxury vinyl plank flooring, quartz countertops, Whirlpool stainless steel appliances, 9-foot ceilings on the main level, designer lighting with LED fixtures, ventilated shelving in every closet, programmable thermostats on each floor and insulated Low-E windows.
The community has sidewalk-lined streets, neighborhood green space and a maintained, professionally landscaped entrance and common areas. Downtown Atlanta is about 33 miles away.
- US-78 and GA-124
- Downtown Loganville and Snellville, about 10 minutes
- The Grove at Towne Center, about 6 minutes
- Kroger, Publix, Walmart, Target and ALDI within about 5 miles
- 19 homes
- No rental restrictions
- Lots of 0.35–0.62 acre
- Sidewalk-lined streets
- Neighborhood green space
- Investors: 3-year builder leaseback at 5% net
- First-time buyers
- Buyers who want a basement for extra space
- Buyers relocating to east metro Atlanta
Listing courtesy of Engel & Völkers Atlanta. Information is provided by the listing firm and should be independently verified.