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1318 Mandalay Rd W, Salt Lake City, UT 84116

Single Family / 4 Bedroom(s) / 2 Bath(s)

Property Status:  Not Available | $282,000.00 (Wholesale) | 


Property Photos


Property Status:
Not Available | $282,000.00 (Wholesale)
Property Details:
Single Family / 4 BR / 2 BA
Property Style:
Three Level Split
Year Built:
1997
Finished Sq Ft:
2,000
Garage:
2 Car Attached
Basement:
Partial Basement
Owner / Agent:
Wholesale
Property Features:
Deck
Patio
Fenced Yard
Contact Info
Property Description:
Details: 2,200 total square feet per county records (1,123 above grade, 1,077 below). 4 beds, 2.0 bath. 2-car garage (currently). Built: 1997 Acres: 0.18 acres Pictures and Comp: drive.google.com/open?id=1-BaYYXnYqH4c06qCnNJ4YdJL3Ia0cws4 for comps, pictures, and videos Inspection:We will be having a couple inspections in the coming days (tentatively Friday, May 1 and Monday, May 4) . I will schedule these showings around the days/times that are convenient for the first few people who reach out. DO NOT REACH OUT TO OCCUPANTS OR STOP BY WITHOUT AN APPOINTMENT Please contact Tylor Williamson at tylor.williamson@homevestors.com or call/text- 801-913-5518 to coordinate. Highlights and general observations: Interior primarily needs cosmetic updates (paint, flooring, kitchen, and bathroom updates). Roof is less than 5 years old. Windows are vinyl. Mechanical is new'ish and fully functional. Incredible backyard with a 2-level deck and RV parking. There are two locations with floor drains stubbed that would easily allow for someone to add two more bathrooms. There is also space to add 1 more bedroom. Repair budget depends on how high of an ARV you want to push. My numbers suggest following a more modest remodel, to go for a more modest ARV, to limit risk due to the current market. Rentometer shows median market rent averages for 4-bedroom homes at approximately $1,600+ per month. I have included a copy of their report in the Google Drive link with the pictures CLOSE DATE: May 26. Possession date is June 1 ($4,000 hold-back) Ask: Suggested start price $282,000 Agents will need to add their commissions on top of final purchase price ARV: $360,000'ish (see recent comps in the pictures link) Offers: Final offer to be accepted no later than May 8, 2020. However, decision will be made more quickly if acceptable offer is received (We reserve the right to alter/change/cancel assignment offer and/or deadlines). There will need to be quick turnaround to close by Tuesday, May 26, 2020 so please have cash or hard money loan details lined up before submitting offer Notes: Buyers pay both (buyers and sellers) sides of closing costs. Home figures and details provided as a courtesy and should obviously be verified by anyone expressing interest in the contract. Buyer to perform due diligence and verify all information PRIOR to making offer and signing contract. A non-refundable $5,000 deposit in the form of wire transfer, cashiers check, or money order is required to reserve this property. Property is being sold as-is to cash or hard money buyers If interested, please contact Tylor Williamson at tylor.williamson@homevestors.com or call/text- 801-913-5518 Our other properties can be found at quickfixhousingrelief.dealvestors.com/ Note that some properties and info will not be displayed until after registration occurs eepurl.com/gYg3tH to sign-up for all of our email/text list for future properties

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Utah Real Estate Investors Association is not responsible nor will be held liable for the property or the information listed here.

Utah Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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