Cottondale (Tuscaloosa) Lake House Flip @ 60% ARV

Tuscaloosa County, Cottondale, AL, 35453
Sold
Listed at: October 2nd, 2022
Price
$100,000
ARV
$170,000
Gross Margin
$70,000
Sq. Footage
1600
Type
Single-Family
Parking
Carport
Year build
1958
Lot size
0.59 acres
Bedrooms
3
Bathrooms
2.5
Half Bathrooms
0
Summary

Lake Wildwood is a 25 acre stocked fishing lake reserved for members only.


  • 9 Miles from Mercedes Plant
  • 15-20 Mins from Tuscaloosa
  • 40 Mins from Birmingham


Description:

  • 3BR / 2.5 BA
  • ~1600 SQFT
  • Metal Roof
  • Brick Building
  • Slab foundation


Needs:

  • Flooring
  • Paint
  • Bathrooms


Comps:


14324 Lake Wildwood Dr (January 2022) - $246K

14411 Ashborough Dr (April 2022) - $266K

14489 Lake Wildwood Dr (November 2021) - $142K



Message me for me details including access to Google Drive folder with more pics / video.

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. This company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Elliott Yamada

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Disposition manager