FIX AND FLIP IN 89502!

🏚 VIEW FULL ADDRESS ON THE DEAL PAGE LINK ⬇️

✅ For a quick response, call or text Cody for any details on this DEAL! 775-297-7750

Reno, NV 89502

Property Overview:

• Type: Single Family Residence
• Year: 1994
• 1644 Sq Ft
• 3 Bedrooms
• 2 Bathrooms
• 2 Car Garage
• Lot Size: .918 Acres
• Other: Well and Septic 

Transaction Terms:

• Escrow: Core Title, Amy Kromberg 
• Closing Costs: Buyer pays all
• HOA: N/A
• COE: 10/02/2024
• Occupancy: Vacant
• Holdback: No - Vacant At COE
• Personal Belongings: Yes - Seller Leaving Some Items 

Condition and Rehab:

• Photos: See 150+ Photos on Deal Page
• Video: See Walkthrough Video on Deal Page
• Home Inspection: Available

Interior and Exterior Paint. Update the kitchen. Update the bathrooms. New furnace. New water heater. Small trashout + demo. Small miscellaneous repairs.

ARV and Underwriting:

Comparables:

2380 Walnut St, Reno NV 89502

3/2/2, 1554 Sq ft, 1979, 1 acre lot

Similar size and lot. Not a flip. Updated floors. New roof. Backs up to the river.

Sold - $575,000 2/29/24.  

4860 Pembroke, Reno NV 89502

3/2/4, 2170 Sq ft, 1993, .918 acre lot

Bigger, good condition but not flipped. Some updates on the interior.

Sold - $630,000 9/28/23. 

4885 Sinelio, Reno NV 89502

3/2/2, 2409 Sq ft, 1977, .920 acre lot

Much bigger, nice finishes but not a flip. 

Sold - $635,000 9/15/23. 

Underwriting:

• Est. ARV: $600k
• Est. Rehab: $50k
• Starting Price: $450k