💥 New Deal For Assignment in Pensacola, FL 💥
Massive Potential $100K Spread - Huge Lot Size - Under 70% of ARV - 5 mins from Downtown!
🏡 Property Overview:
Address: 1301 W Lee St, Pensacola, FL 52501
Size: 2777 SqFt
Lot Size: .62 acres
Year Built: 1958
Layout: 4 Bedrooms / 2.5 Bathrooms
Status: Vacant on lockbox
🌇 Location Highlights:
Downtown Pensacola: 5 minutes away
International Airport: 13 minute drive
Naval Air Station: 20 minute drive
💰 Financial Highlights:
Asking Price: $250,000
Rehab Estimate: $100k - $125k ($35/sqft - $45/sqft)
After Repair Value (ARV): $500,000 - $525,000
EMD: 5k
Closing Date: On or Before March 7th, 2024
🚀 Investor's Edge:
Huge Profit Margin: Potential for $100K spread
High Demand Area: Close to key locations for increased property value
Full Rehab Needed: Opportunity for complete customization and maximized returns
📝 Additional Info:
Needs Full Rehab: Including roof and foundation repair
Foundation Repair Quote: Available for review
Inspection Report: Dated 12/7/23 available
📞 Contact for More Information:
Coreyonte Turner
Phone: 402-840-7321
Email: Coturner@joehomebuyer.com
Courtesy of Joe Homebuyer Gulf Coast
WHAT TO EXPECT FROM JOE HOMEBUYER: Deal is to be sold to INVESTOR CASH BUYERS only. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED. NO INSPECTION PERIODS EXCEPT WHAT IS NOTED ABOVE. BUYER MUST DO THEIR OWN DUE DILIGENCE. HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. WE EITHER OWN OR HAS AN EQUITABLE CONTRACTUAL INTEREST IN THIS PROPERTY. THIS MARKETING PIECE ONLY REFERENCES THE EQUITABLE INTEREST OR OPTION IN THE PROPERTY. All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions. Buyer should conduct their own due diligence prior to making any offers. If property is occupied, please do not disturb the occupant. Occupant/tenant rights apply. Contact us directly for entry instructions unless otherwise stated above. WE ARE EXPLORING ALL OPTIONS WITH THIS AGREEMENT AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME DISCLAIMER: Please be advised that this is an assignment of contract. A legally binding purchase agreement has been signed with the Seller, which grants exclusive rights to this company to purchase the property. We would like to clarify that we are NOT representatives of the owner and DO NOT act as brokers. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or communicate with the owner will result in legal action.