KENNER, LA 70062

3% rule Rental | Kenner Louisiana | Section 8 in place | Guaranteed Rents! 

Off-Market - Kenner, LA 70062

Price: $110,000

ARV: $250,000

Buy Now Price: $117,000

Tenant Occupied -  ACCESS BY APPOINTMENT ONLY, but Drive By any time! 

CALL & TEXT OUR DISPO TEAM TO SUBMIT AN OFFER OR WALKTHROUGH: 

• (760) 971-5566

All buyers must sign a simple "Non-Circumvent" agreement prior to walkthrough 

Photos: https://drive.google.com/drive/folders/1PhNYFySnJh9GAHbPkBPhFJXkGjteRAcJ?usp=sharing

PROPERTY DETAILS:

• Duplex

• Shared wall - separate entrances and addresses

• Multi-use zoning: commercial/residential

• Large lot !! (right off airline highway)

• 2 bedrooms / 2 bathrooms - 1,800 sq. ft.

• The unit mix is one bedroom, one bath, 900 sq. ft. each 

• X flood zone

• Both units occupied, each renting for $1,200/month

• Unit A (right): Month-to-month, moved in earlier this year; kitchen sink leak

• Unit B (left): On a lease for 3 years

• Separate electric meters

• Built in 2000

• Condition: Cosmetics if necessary. 

INTERESTED?

Call or text our Dispo Team to submit an offer or schedule a walkthrough:

DISPO Team: (760) 971-5566

Comp 1:

1900 Idaho Ave, Kenner, LA 70062 - Sold for around $279k

https://www.zillow.com/homedetails/1900-Idaho-Ave-Kenner-LA-70062/296386366_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

NEIGHBORHOOD HIGHLIGHTS:

• Located in Kenner near I-10

• Approximately a 10-min drive to Louis Armstrong New Orleans International Airport

• Approximately a 20-min drive to New Orleans

• Close to restaurants, shopping centers, parks etc

—------------------------------------------------------------------------------

DEAL TERMS:

• Closing Date: ASAP

• Earnest Money Deposit (EMD): 

• 5,000 due with contract (applied to closing cost)

• EMD is non-refundable with an exception of failure to provide a clear title or seller's failure to perform

• We are not in the business of keeping buyers’ EMD, but our name and trust is on the line with the seller. We only want a solid commitment and smooth closing.

• Buyer pays both sides closing costs 

• This deal is an assignment of contract. Our assignment contracts are not assignable. Please let us know upfront if you are not the direct buyer, and we can work out the contracts together! Willing to JV with other wholesalers and realtors!

• Buyer must do all due diligence prior to assignment

• Cash or Private/Hard Money Loans ONLY - No FHA or Conventional Financing

• We do not work with Fair Trade, Key Glee, or New Western

LET'S CLOSE:

We’re looking to build relationships with serious buyers and we prioritize those ready to move fast and close clean. We are easy and flexible to work with, and will do whatever it takes to get the deal done! Please do not hesitate to reach out to discuss how we can make money together.CALL & TEXT OUR DISPO TEAM (760) 971-5566 TO SUBMIT AN OFFER OR WALKTHROUGH