(Mount Olive NC) 🛠 Manufactured Home Cosmetic Flip or Buy/Hold🏡$30k Net flip or walk into $50k equity Buy/Hold

Wayne County, Mount Olive, NC, 28365
Sold
Listed at: April 18th, 2024
Price
$130,000
ARV
$195,000
Gross Margin
$65,000
Sq. Footage
2052
Type
Manufactured
Parking
Off street
Year build
2009
Lot size
0.80 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

(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. 

CLICK HERE → PHOTO LINK

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.

 

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.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Christian Weatherspoon

No reviews

Disposition manager