$1,603 PLUS MO CASH FLOW LAKE CHARLES METRO AREA INVESTMENT OPPORTUNITY

Sulphur, LA, 70665 view full address
For Sale
Listed at: October 18th, 2024
Price
$16,000
ARV
$300,000
Gross Margin
$284,000
Sq. Footage
4625
Type
Multifamily
Parking
Driveway
Year build
1980
Lot size
0.09 acres
Bedrooms
6
Bathrooms
5
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

🤑🤑🤑🤑Amazing Co-Sober Living Opp🔥Sulphur, LA Sub-To Deal🤑🤑🤑🤑

🤑🤑🤑🤑🤑🤑LOW ENTRY HIGH RETURN POTENTIAL🤑🤑🤑🤑🤑🤑

Sulpher is part of the Lake Charles Metropolitan Area with a total population of 254,652

1980 Build, No HOA

6 Beds 5 Baths 4625 sq ft

Loan Balance: $304,687.00 Approx

🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

PITI: $3,196.44 (6.125%/ No Balloon)

CL/SL Opp $800 x 6 = $4800 Monthly

With The Conversion Of The Other Rooms, This Has 9+ Bedroom Potential

🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

🔥🔥🔥🔥🔥Entry Fee: $16,000 + CC 🔥🔥🔥🔥🔥

 

Incredible Co-Sober Living opportunity. This massive property has 6 beds and multiple rooms that can be converted, turning this into 9 plus bedroom cash cow. As part of the Lake Charles Metro Area there are tons of fun things to do.

The property has a pool. However, it needs a new liner.

 

EMD: $3000

COE: 10/31/24

Contacts

Blake Kilbury (509) 930-3848

Mark Kilbury (208) 571-8000

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

Mark

No reviews

Disposition manager