CALLING ALL SEASONED REHABBERS LOOKING FOR AN INCREDIBLE HIGH PROFIT WINTER PARK FIXER UPPER!!! If you’re in the market for a great investment property, take a look at this 5 bedroom, 2.5 bath, single family home located in Southgate, a highly desirable community in Melbourne.
“As-Is” Value = $463,000
Conservative “ARV” = $525,000
Repair Estimate = $62,000
WHOLESALE PRICE =$295,000
Close By Date: ASAP!
Access: Call For Access Instructions!
Recommended Repairs
This property needs a Mid-level renovation which should only take 60 days to complete. The good thing is that the HVAC system was replaced in 2020 and the Water Heater in 2019, so you save thousands there. All you have to do is your customary rehab items and once completed, would easily generate at least 15% profit. Renovated properties in this community are taking an average of 30 days to go under contract and are selling for $257 per Sq./Ft.
Terms
This property is available via our “Assignment Program”. We have entered into a purchase contract with the current owner to buy the property. We will sell our equitable interest in this contract to a third party via assignment for a fee. A local, reputable title company and/or attorney will be enlisted to handle the closing and transfer of title.”
All properties are sold for cash or hard money on a “First Come, First Served basis”. It is the Buyer’s responsibility to do your own due diligence and verify all information. Prices are NET to seller with Buyer paying all closing costs, including any Agent/Broker commissions. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. A minimum of $5,000 deposit and fully executed Assignment Agreement are required to secure the property. Our properties move fast so contact us quickly if you have an interest in purchasing this property.