🏚️ Off-Market Gem: 1.4K SQFT Home + 2 ADUs on 1.4-Acre Lot - Huge Potential 🀝

Luna County, Deming, NM, 88030 view full address
For Sale
Listed at: August 13th, 2024
Price
$30,000
ARV
$198,000
Gross Margin
$168,000
Sq. Footage
1400
Type
Single-Family
Parking
Driveway
Year build
1980
Lot size
1.40 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Here’s a gem of a property perfect for investors! Located just outside the city with plenty of room for growth, this 1400 SQFT single-family home + ADU + spacious shop/second ADU sits on an expansive 61,115 SQFT lot with endless potential.

 

✨ Property Highlights:

: Main Residence + ADUs + Large Shop

🌳 Lot Size: Over 1.4 acres of space

πŸ›  Year Built: 1980

🌞 Cooling: Evaporative system

β˜‚οΈ Roof: Good condition, no leaks here!

🚫 HOA: None

 

🌈 Investment Potential:

πŸ”Ž ARV: 198k

πŸ›  Est. Rehab: 50-75k

πŸ“… Closing Date: 11/11/24

πŸ’΅ EMD: 2.5k

With tons of new development nearby, you have endless options for maximizing returns. Rehab it to bring it back to its former glory, or go all in with a teardown for a fresh, custom build on this massive lot!

πŸ“² Reach Out to David for Access at 915-234-1477 and be first in line to see this unique investment with untapped upside!

Make an Offer Today Using the Button Above All feedback is welcome! All reasonable offers will be considered! Need to Sell a Deal? Let’s JV OFF-MARKET INVENTORY JOIN OUR BUYERS LIST TODAY Disclaimer: House is being sold as-is, and the buyer is to pay all closing costs. 3K EMD. Non-Refundable earnest money to be deposited within the same business day contract is executed or the contract will be canceled. Buyer must close with cash or a hard money loan. The buyer is not relying on any representations, whether written or oral, regarding the properties above. Price based on a cash or hard money offer and is net to seller. Buyers to do their own independent due diligence. Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer’s responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer’s responsibility and they should be diligent in determining market value. REALTORS: If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission. WHOLESALERS: If you’d like to JV on this deal send us a text message, email, or call to let us know you are going to be sharing our deal with your investors.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Turbo Cash Offer

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