Turn-Key Rental / Zero Work Market Flip opportunity in growing Greer/Greenville SC Area

Greenville County, Greer, SC, 29650
Sold
Listed at: February 15th, 2022
Price
$320,000
ARV
$430,000
Gross Margin
$110,000
Sq. Footage
2847
Type
Single-Family
Parking
Garage
Year build
2001
Lot size
13205.00 sqft
Bedrooms
4
Bathrooms
2.5
Half Bathrooms
0
Summary

105 Blanton Ln Greer, SC 29650

4 Bed / 2.5 Bath, 2847 Sq/Ft on a 1/3 Acre Lot ( 13,205 Sq ft lot )

This Turn-Key Property is located in a quiet upper-middle-class neighborhood in rapidly growing Greenville County SC. - Ideal property for a buy and hold / cashflow buyer or an Agent / Buyer who wants a zero work wholetail flip with a short few month holding timeline.


Estimated Retail value = $400,000 - $450,000+ Comparable sales within 1 mile or less

1. 127 Applewood Dr Greenville 29615 ( 4Bed 3 Bath, 2,584 sq ft sold on 9/29/21 for $430,000 )

2. 34 Collier Ln Greer, SC 29650 ( 5Bed 3 Bath, 3,008 sq ft sold on 6/05/21 for $395,000 )

3. 1100 Carriage Park Cir. Greer 29650 ( 4Bed 3Bath, 3,568 sq ft sold on 6/16/21 for $439,000 )

4. 113 W Spindletree Way Greer 29650 ( 4Bed 3Bath, 2,511 sq ft sold on 6/16/21 for $396,000 )

5. 6 Sproughton Ct. Greer 29650( 4Bed 3.5 Bath, 3,049 sq ft sold on 8/16/21 for $570,000 )

6. 62 Castellan Dr, Greer, SC 29650 ( 3Bed 3Bath, 2,671 sq ft sold on 7/19/21 for $525,000 )

7. 407 Summerplace Ct. Greer 29650 ( 4Bed 2 Bath, 3,005 sq ft sold on 3/19/21 for $510,000 )

8. 309 Rosebud Ln Greer, SC 29650 ( 4Bed 3Bath, 2,692 sq ft sold on 5/26/21 for $518,200 )

9. 5 Sproughton Ct Greer 29650 ( 4Bed 4Bath, 3,048 sq ft sold on 9/28/21 for $500,000 )


OFF MARKET - Buy it Now Price = $330,000


Average Area Rents = $1,800 - $2,400 / Month

Close of Escrow: On or Before 2/28/22


Videos Walkthrough & Photos:

https://photos.app.goo.gl/hn2hJ4vWzE3jeqGQA


https://photos.app.goo.gl/wLt7QkKdUdM9gY4TA



Additional Details:

The property is in great condition, turn-key, and extremely well maintained. Great Tenant in place paying $1,800 / month with only 4 months remaining on lease ( June 2022 ). Buyer must take over the remaining 4 months of lease. Property owners selling at a significantly reduced price for the simple convenience of selling before tenants vacate at end of lease. New Roof, less than 2 years old, New garage door opener replaced Jan 2022.


DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with a memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This 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.


If you are interested in this deal, CLICK THE BUTTON ABOVE TO GET THIS DEAL.

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.
Videos

105 Blanton Walkthrough

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

Stephen Backholm

No reviews

Disposition manager