Great Flip w/ $50k Profit & New Roof

Polk County, Lakeland, FL, 33809
Sold
Listed at: July 26th, 2023
Price
$250,000
ARV
$360,000
Gross Margin
$110,000
Sq. Footage
2203
Type
Single-Family
Parking
Garage
Year build
1974
Lot size
0.34 acres
Bedrooms
3
Bathrooms
2.5
Half Bathrooms
0
Summary
We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract. It will however result in a lawsuit. Our attorney is on notice.


Investor Price $250,000

Retail Value ....$360,000

Gross Margin .$110,000

Estimated Value

Est. Value Range High: $365,000
Est. Value Range Low: $350,000
Est. Rent Per Month: $2,100

Property Details

Rehab Level: Moderate
Construction: Block on Slab
Electrical Panel: Fair Condition
Air Conditioner: Fair Condition
Water Heater: Fair Condition
Roof: 2020 Great Condition
Occupancy: Vacant at closing

Comps

5771 Daughtery Downs Loop - 3 / 2 / 1,682 sqft - SOLD $349,700
6014 Doe Circle West - 4 / 3 / 1,670 sqft - SOLD $365,000
122 Maris Court - 3 / 2 / 1,936 sqft - SOLD $340,000


*Do not disturb occupants or walk on property. Trespassing is a criminal offense.
***DO NOT re-market this property under any circumstance without consent. Tru REI LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. Tru REI and its associates are not liable for the accuracy of the information.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brittaney Perez

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Disposition manager