CASHFLOW DEAL in Clarksville, TN

Montgomery County, Clarksville, TN, 37042
Sold
Listed at: May 30th, 2024
Price
$179,000
ARV
$255,000
Gross Margin
$76,000
Sq. Footage
1025
Type
Single-Family
Parking
Driveway
Year build
1994
Lot size
0.48 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

CASHFLOW DEAL in Clarksville, TN  

SUBMIT HIGHEST AND BEST - ALL OFFERS CONSIDERED. FIRST COME FIRST SERVE 

Condition: Property is in great condition - hardwood flooring throughout, new septic installed, roof is 6-7 years old, electrical and plumbing are in good working order. Cosmetics only to make it look clean and property should be rental-ready in no time!

OUR OFF MARKET PRICE: $179,000 

 

Comparable Home Sales / Retail Value In Same Area:

939 Merritt Lewis Ln Clarksville, TN 37042 ( Sold 3/27/24 for $277,000 ) 
911 Merritt Lewis Ln Clarksville, TN 37042 ( Sold 3/22/24 for $267,500 )
1011 Merritt Lewis Ln Clarksville, TN 37042 ( Sold 3/19/24 for $245,000 )
925 Merritt Lewis Ln Clarksville, TN 37042 ( Sold 1/5/24 for $255,000 )

NEARBY FLIP COMPS PURCHASED IN THE MID TO HIGH 100K RANGE AND FLIPPED IN THE MID TO HIGH 200K RANGE.

Area Rental Rates: $1,800 - $2,000 / per month

Closing Deadline: Closing on or before 8/2/2024 

 

 

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

Stephen Backholm

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Disposition manager