(Mount Olive NC) 🛠 Manufactured Home Cosmetic Flip or Buy/Hold🏡$30k Net on flip or walk into $50k equity
Attention real estate investors: Excellent Location in an appreciating market. Tons of potential for profit while walking into equity.
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ASKING PRICE: $130,000
ARV: $200,000+
Perfect For:
🛠 Fix/Flip or BuynHold
(Purchase Price) $130k+ (Rehab) $20k= (Total Investment) $150k
(ARV) $200k+ (Total Investment) $150k = (Gross Profit) $50k in equity for buynhold. $30k+ net for fixnflip.
ARV Comps:
175 Paul Hare Road, Goldsboro, NC 27530:
Smaller 3/2 1701sqft- Sold for $210k - $123sqft
4794 Us Hwy 13 S, Mount Olive, NC 28365:
Smaller 3/2 1620sqft - Sold for $188.2k - $116sqft
AS IS Comp:
2685 Selah Church Road, Four Oaks, NC 27524:
3/2 2052sqft - Sold for $189,900 Went pending in less than 2 weeks and sold at ask.
Property Overview:
🛏 Bedrooms 4
🛀 Bathrooms 2
2052 sqft of potential
Built in 2009
Property Details:
Home is in good condition but will need a cleanout and some landscaping done. Carpets and water heater will need to be replaced. Bottom of the deck will need some wood replaced. Comes with appliances.
PLEASE CALL TO SCHEDULE SHOWINGS
619-209-3136
TENTATIVE CLOSE DATE ON OR BEFORE 5/20/2024
BROKERS & AGENTS ADD YOUR FEE TO PRICE
Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
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