PRICE REDUCTION Short walk from the ocean, great location, perfect short term rental.

Grays Harbor County, Ocean Shores, WA, 98569
Sold
Listed at: October 12th, 2021
Price
$70,000
ARV
$314,000
Gross Margin
$244,000
Sq. Footage
938
Type
Attached
Parking
Assigned
Year build
1958
Lot size
0.33 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Starting Price $134,997

NEW PRICE REDUCTION $60,000



A short walk from the water is a perfect investment for short-term rentals featuring 2 bedrooms and 1 bathroom in little over 938 sqft. and little over quarter of an acre of land, this gorgeous home could be a great Airbnb. With a little bit of "love," you can turn this previous home into a great tourist stay, since it's just a few minutes from the water and all of the amenities that Ocean City and Ocean Shores offer.


Rehab Estimate: $100,000

Appreciation ARV: $314,400

ROI: 30.48%

Gross Margin: 25.84%

Cash on Cash: 300.63%

Profit Analysis: $90,100

Closing date: January 4th, 2022 or sooner.


Rehab Details: * Interior and exterior paint * Flooring certain Areas * Landscape * General Update * Siding * Roof * Deck & Patio *


Property is OCCUPIED. Please do not visit without an appointment.



**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our 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 against you. Our 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

Viktor Rybachuk

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Disposition manager