🏡🌅 INCREDIBLE $100k Gross Spread Flip in Killen, AL with 4 Acres! | ACT FAST! 🌅🏡

Lauderdale County, Killen, AL, 35645
Sold
Listed at: September 25th, 2024
Price
$239,000
ARV
$375,000
Gross Margin
$136,000
Sq. Footage
2304
Type
Single-Family
Parking
Detached Garage
Year build
2008
Lot size
3.80 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

🏡🌅 INCREDIBLE $100k Gross Spread Clean Flip in Killen, AL with 4 Acres! || Minimal Rehab! || ACT FAST! 🌅🏡

 

💸 Starting Price: $239,000 [$340k As-Is Value!!]

💸 After Repair Value: $370,000

 💸 Long Term Rent: $2500 - $2750

 

💎 This 2008 Yr Build CHEAP GEM is conveniently located on 4 Acres with a HUGE detached industrial type garage structure with a location that benefits from both the quiet countryside living of Killen & the close proximity to the up & coming area of Florence. This property boasts an incredible 10% cap rate as a rental with the long term rent rate being $2500+ a month. With all the 4 points in working order & especially the metal roof which is good for another 30 years+, a simple cosmetic renovation of $35k - $45k would create a $60k NET profit potential. With comps in the area from $350k - $399k, even some having far lesser amount of land, this property is a beautiful appreciating asset to add to your portfolio, to move into, or to flip for a quicker profit.

Access is by appointment only so call me for more info & scheduling! DONT WAIT!

 

🏡 PROPERTY DETAILS:

 

📍 4 Bed / 3 Bath

📍2304 Sq Ft

📍2008 Year Build

📍 3.8 Acre Lot

📍 Metal Roof! 

📍HUGE Detached Industrial type garage on property

📍 Pond on Property

📍 2 Acres are able to be split & sold that already have imprint for a mobile home

📍 VACANT at closing

📍 Access: Showing or Appt Only

📍 Close of Escrow: October 25th 

 

✔️ BUYER GUIDELINES:

  • $5k EMD - Non-Negotiable
  • Buyer Pays All Closing Costs
  • Site Unseen Offers Welcomed & Considered
  • SPEED is always rewarded, so offer quickly

💼 Don't Miss This Chance to Secure Your Financial Future! 💼

CALL MAIKA AT 407-616-5236 FOR INFO & ACCESS

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

Maika Maile

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