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
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