Potential for $100k spread.
4 bedroom, 2.5 bathroom, on over a 1/4 acre (16,615 sq ft), with a pool. Block home originally constructed in 1960. Super hot area for flips in the North Valley. Property comes with plans including a detached garage/shop. This property had a prior investor that has already gutted the and opened up the interior. It also has new stucco and new windows. This is one of the largest floor plans on a larger lot in the area. Demand is up for this type of property with a quality finish - see CMA and link to comps. QUALITY PRODUCT SELLING IN 20 DAYS at $149/sq ft.
Wholesale price: $169,900
Estimated rehab: $50k
Estimated ARV: $330k
Fun disclaimers, Pics, and Comps below:
All Prices based on cash sale with $2,500 non-refundable deposit to secure property.
IMPORTANT INFORMATION
- All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.
- One of managing members is a licensed Real Estate Agent in the state of Arizona.
- If estimated values are provided, they are based on interpretation of MLS and Tax Data.
- Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
- Price is net to seller and Buyer pays all closing cost
- Buyer agrees to double close of escrow
Investors/buyers
are encouraged to conduct their own due diligence. The members of the
selling entity are not tax or financial advisers. You should consult
with a certified financial and/or tax adviser on any investment you are
considering. Buyer pays all closing costs.
CMA:
See link for properties used in comp:
http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=17spri75vjjj&s=12&id=1&cid=1
Pics:
