Access: By Appointment Only (proof of funds required beforehand)
INVESTMENT SUMMARY
Wholesale Price: $249,000 +cc
Potential ARV: $360,000
Gross Margin: $111,000
Estimated Rehab: $30,000 – $40,000
REHAB SUMMARY
Roof: Needs Replacement
HVAC: Needs Replacement
Plumbing: No known issues
Electrical: No known issues
Exterior: Some landscaping needed and fresh paint
Interior: New flooring needed, updates to kitchen and bathrooms and some paint
SOLD COMPS
260 Sandstone Dr (2/2, 1,852 sf, 1995 year) — Sold for $360K (9/10/24) — Fully Renovated
460 Sandstone Dr (2/2, 1,852 sf, 1982 year) — Sold for $335K (4/15/24) — Renovated
MUST READ:
$10,000 Earnest Money Deposit (refundable ONLY if clear title cannot be conveyed).
Buyer pays ALL closing costs. Closing MUST be with our escrow company.
Cash or Private/Hard Money Only. NO financing contingencies.
Walkthroughs by Appointment Only. DO NOT disturb occupants.
Property sold AS-IS, No Contingencies. Conduct due diligence prior to assignment.
Buyer must verify all information independently. We assume NO liability for accuracy.
DO NOT contact the seller. Unauthorized contact will result in legal action.
We are acting as a principal, not as a broker. NO representation is made to any party.
This is an assignment of contract. A legally binding purchase contract and memorandum have been signed with the seller, giving our company exclusive rights to purchase this property.
We DO NOT grant anyone permission to market this property without our approval. Realtors and Wholesalers – contact us directly.