SHALLOTTE, NC 28470

3 BED | 2 BATH | ~1,718 SF | ~0.8 ACRE

Looking for a value-add project where you're not paying anywhere close to renovated retail pricing just to get in the door?

Take a look at this one.

Nearly an acre. Over 1,700 SF. Established residential area. Multiple potential exits.

THE NUMBERS

MARKET PRICE: $134,999

BUY NOW: $139,900

Conservative Working ARV: ~$275,000–$295,000

Estimated Rehab: ~$65,000–$75,000

3 Bed | 2 Bath

~1,718 SF

~0.8 Acre Lot

Built 1959

This isn't being sold as a lipstick project.

It's a value-add renovation with enough square footage and land to give an investor multiple ways to approach the deal.

WHAT IT NEEDS

Plan for a substantial interior renovation.

The property needs general updating throughout, including kitchen, bathroom, flooring, paint, fixtures and cosmetics, along with normal investor due diligence on the major systems and any hidden condition.

We're carrying approximately $50K–$75K for underwriting purposes rather than trying to sell buyers on an unrealistically low rehab number.

Buyer to independently verify all condition, systems and renovation costs.

EXIT #1 — FIX & FLIP

Let's keep the math conservative.

Using a $275K exit:

Purchase @ $134,999

Rehab @ $70K

Purchase + Rehab: ~$205K

That leaves approximately $70K between project basis and a $275K resale before financing, holding, closing and resale costs.

Bring the renovation in closer to $65K or achieve a stronger retail exit and the spread improves.

And we're intentionally not requiring a $300K+ ARV to make the story work.

EXIT #2 — BUY, RENOVATE & HOLD

With 1,718 SF and a large ~0.8-acre lot, this isn't a tiny rental where you're fighting for every dollar of rent.

An investor who likes the Shallotte/Brunswick County market can renovate appropriately, refinance or hold and benefit from a substantially improved asset without entering at renovated retail pricing.

EXIT #3 — CONTRACTOR / VALUE-ADD PLAY

This one becomes especially interesting for an investor with their own crew or the ability to self-perform portions of the renovation.

Every dollar saved against a $65K–$75K retail-contractor rehab budget goes directly back into the project's margin.

Control the rehab.

Don't over-improve it.

Let the low acquisition basis + 1,700+ SF + large lot do the work.

WHY THIS ONE DESERVES A LOOK

Only $134,999 market price

1,718 SF

~0.8-acre lot

3-bedroom floorplan

Meaningful discount from renovated retail territory

Multiple potential exits

Active Shallotte / 28470 retail market

Enough spread to renovate without needing a fantasy ARV

This is not a turnkey house.

That's exactly why you're not paying turnkey pricing.

Buy the project at $134,999, renovate intelligently, and create the value yourself.

MARKET: $134,999

BUY NOW: $139,900

Contact the dispo team for photos, access, property details and contract information.

Cash / Hard Money 

Property sold as-is. Buyer to perform all independent due diligence regarding property condition, repair costs, value, square footage, systems and exit strategy.