๐Ÿก New Construction Single-Family Investment Opportunity w. a 40% Profit Margin in Tullahoma, TN! ๐Ÿก

Moore County, Tullahoma, TN, 37388 view full address
For Sale
Listed at: September 30th, 2024
Price
$380,000
ARV
$600,000
Sq. Footage
2170
Type
Single-Family
Parking
Detached Garage
Year build
2024
Lot size
1.39 acres
Bedrooms
3
Bathrooms
3
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Open concept style home where nature and lifestyle and intergraded. Enjoy privacy with the sounds of nature and beauty of the outdoors while relaxing inside your private retreat. This 2170 Sq ft home with its sprawling spaces will amaze you from the moment you arrive. The luxurious porcelain floors throughout have that fresh stylish fresh look. The oversized pantry 7x12 with maximum space then stepping into the laundry room with its 9x15 size laundry will not be something to dread. The primary bedroom has its own private exit to sit outside on those beautiful evenings and enjoy the stars in privacy. The oversized en-suite full bath will provide so much room to get ready each day. The primary suite has an oversized walk in closet that has a massive amounts of storage space. Your guests will be amazed in the large kitchen with its enormous island and stylish lighting. You can cook and watch the game with your guests and never miss a moment with the open floor plan. Buildout must be finished which is where the $45,000 - $50,000 in rehab dollars comes from. All major work has been done, accept adding a pre-fab garage, installing the trim, installing the kitchen cabinets that are already on site, counter tops, vanities and such, all finish work, as well as landscaping and very last item is septic which will run $13k per on hand bid. Seller will provide the bids that are on hand to complete the work within budget outlined.

๐Ÿ”‘ Property Details:

  • Address: XXX Raysville Road, Tullahoma, TN 37388
  • Home Type: Single Family
  • ๐Ÿ  Year Built: 2024
  • ๐Ÿ“ Square Feet: 2170 sqft
  • ๐Ÿ’ธ Property Taxes: $5,263.56/year
  • ๐Ÿฆ Last Sale: $48,000 (03/01/2024) - Vacant Land
  • ๐Ÿ  Lot Size: 60,548 sqft (1.39 Acres)
  • ๐Ÿงพ Parcel Number: 025.01

                                                                                                                                                                                .

๐Ÿ’ฐ Financial Highlights: Sub-To / Seller Finance / Hybrid

โ—        ๐Ÿ’ต Purchase Price: $390,000

โ—        ๐Ÿ’ธ Closing Costs + TC = 6%-10%

โ—        ๐Ÿ”จ Rehab Needed: $45,000 (To Complete New Construction)

โ—        ๐Ÿ“Š ARV: 600,000

  •         ๐Ÿ’ต R.O.I: 40% (Double the Avg. ROI a Flipper Looks to make & a grand slam for a Landlord)

                                                                                                                                                                                  .

๐Ÿ—๏ธ Construction & Materials:

โ—        ๐Ÿ”จ Condition: Excellent / Brand New Construction / 2024 Build

โ—        ๐Ÿ  Stories: 1 / Roof: Aluminum

โ—        ๐Ÿ”ง Exterior: Concrete Block / Frame / Building Exterior Type: Stone, Siding

โ—        ๐Ÿš— Garage: Detached (To Be Added Per Plans)

โ—        ๐Ÿงฑ Basement: N/A / Slab

โ—        ๐Ÿ”ฅ Fireplace: No

โ—        ๐ŸŒก๏ธ Heating: Forced Air Unit / Central Heat

โ—        โ„๏ธ Cooling: Central A/C

                                                                                                                                                                      ,

Why XXX Raysville Road is a Great Investment:

๐Ÿ’ผ Investment Potential: With an AVM of $600,694 and a low last sale price of $48,000 for purchase of the land ONLY, this property offers significant upside potential. The 2024-built home has a lot of charm that can be added to and improved on to increase its market value even more.

๐Ÿ’ก Renovator’s Dream: The property provides a canvas for additions and added improvements, allowing you to customize and enhance its features. Given the brand new solid structure and modern design, you can create a desirable living space or rental property.

๐Ÿ“ˆ Growth Opportunity: Situated in a well-connected area, Tullahoma, TN, has been experiencing growth in property values. This home is ideal for investors looking to capitalize on this trend and secure a high return on investment.

                                                                                                                                                                              .

Prime Location in Tullahoma, TN:

๐Ÿšถ Walkable Neighborhood: Located in a convenient area with access to local amenities, schools, and public transportation. The property is well-positioned to attract tenants or future buyers, making it a smart buy-and-hold investment.

๐Ÿก Residential Appeal: The single-family home is nestled in a quiet, established neighborhood, offering a great opportunity to create a cozy, welcoming environment for residents.

                                                                                                                                                                              .

โš ๏ธ NON-Refundable EMD

WE HAVE A PREFERRED LENDER WHO DOES 90% - 100% FINANCING!** Are you an experienced investor with at least 6 completed flips? Our preferred lender offers exclusive 100% financing for your next project. Take advantage of this incredible opportunity to maximize your investment potential with zero upfront costs!

Take the first step toward a prosperous investment future!

๐Ÿ“œ Important Notes & Disclaimers

Approaching the seller at any point is prohibited. Anyone who does will be permanently removed from our buyer's list AND black-listed with all other major partners in the area. Further, such contact will be viewed as intentional interference with a contract and may result in legal action being brought against you. We are under contract with the seller of this property and are therefore a PRINCIPAL in the transaction. Buyers are encouraged to perform their own due diligence regarding properties. Information provided is taken from public records and other sources, is provided in good faith, but is not guaranteed to be accurate. After renovated value ("ARV"), estimated repair costs, and other such figures are simply estimates; as such, buyers should conduct their own analysis and diligence regarding all aspects of the property prior to offering/purchasing.

๐Ÿš€ Don’t Miss Out on This Unique Investment Opportunity! ๐Ÿš€

๐Ÿ“ž Contact Us Today: Michael 646-530-4012 / Frank 929-285-7330
๐Ÿ“ง Email: Owners@RecoveREHoldings.com

๐Ÿ“ง Email: Frank@RecoveREHoldings.com

Submit Your Offer and Secure This Deal Before It’s Gone!

 

 

This disclosure statement is designed to disclose to a buyer that all known materials or adverse facts relating to the physical condition of the property that are not readily observable are to be disclosed to Buyer. As stated in the Purchase and Sale Agreement with Seller, the property is being sold in its present condition only, without warranties of guarantees of any kind by Seller. No representations concerning the condition of the property are being relied upon by me except as disclosed in the Purchase and Sale Agreement.
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current deal
comparables
#2
available
$123k
sold
$99k
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