5 Plus Acres -triple wide flip at Ferndale

Whatcom County, Ferndale, WA, 98248 Reveal the address
$404,997
1440 sq ft
For Sale

Facts and Features

Type
Attached
Parking
Attached Garage
Year build
1989
Lot size
5.36 acres
Bedrooms
3
Sq. Footage
1440
Bathrooms
2.5

Summary

Private 5+ Acres with a view of the Canadian Rockies. 3 bedrooms, 2.5 bathrooms manufactured home. The property includes a large metal pole building that serves as a 2 car garage and shop. Open floor plan featuring family room with wood burning stove, large living room with propane fireplace, and dining room


Starting Price: $404,997

Bedrooms: 3

Bathrooms: 2.5

Square feet: 1440

Lot: 5.36 Acres

Built: 1989 / 2004 Eff

Rehab Estimate: $61,000

ARV: 555,000

ROI: 13.48% 

Gross Margin: 11.88%

Cash on Cash: 129.12%

Profit Analysis: $66,000 - $71,000

Closing date: 1/4/22 or sooner

**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.

Estimated Spread

$555,000
ARV
-$404,997
Price
$150,003
Spread

Street View

Location and Comparables

Bedrooms
Bathrooms
Sq. footage
Last Sale Date
Last Sale Price
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